Kraken adds PayPal for instant USD deposits in the U.S

Kraken now facilitates instant USD deposits for U.S. Users through PayPal, aiming to streamline the crypto entry process, particularly for newcomers.

Kraken integrates PayPal following successful implementations in regions like the EU, enhancing user convenience as they move from traditional banking.

PayPal helps reduce cross-border fees for merchants and supports over 100 digital assets, indicating a growing trend among traditional banks toward digital currency.