Curv is partnered with some notable crypto firms focused on Europe such as eToro and FalconX, suggesting PayPal is serious about spreading its crypto footprint outside the U.S., as well as offering a broader range of services. Help Center PayPal shares slipped 0.5% to $272.22 at 12:31 p.m. in New York after CoinDesk reported earlier on the talks. Representatives for Curv and PayPal declined to comment. SAN JOSE, Calif., March 8, 2021 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that it has agreed to acquire Curv to accelerate and expand its initiatives to support cryptocurrencies and digital assets. learn cryptocurrency trading Curv is a leading provider of cloud-based infrastructure for digital asset security based in Tel Aviv, Israel. Algorand is not the only crypto that is on the radar of Paypal. According to an article from AMBCrypto, in addition to Algorand, Solana, Polkadot, and Ethereum are also in the cards. In light of the fact they are partnered with Paxos, Ethereum is already a player in the PayPal crypto initiative. Jose Fernandez, PayPal’s senior vice president and general manager of blockchain, explained in an interview that “PayPal has yet to discover a stablecoin that is “purpose-built for payments.”