This Big Deal Opens Up XRP to PayPal, Venmo, Others

Vet, a prominent XRP Ledger validator, highlighted a major announcement by Paxos. The Paxos integration, he said, “opens up XRP services to a lot of institutions and their customers, like PayPal, Venmo, Interactive Brokers, Charles Schwab, and more.”

The observation captures something important: the scale of this integration is not immediately visible, but its reach is substantial.

Paxos Adds XRP to its Brokerage Stack

On October 7, Paxos added XRP to its Crypto Brokerage platform. The platform now supports XRP buying, selling, holding, deposits, and withdrawals. Partners can now offer these services through the same API they already use. Paxos operates as a national trust bank under the oversight of the Office of the Comptroller of the Currency, a designation it received in December 2025.

Paxos functions as the regulated back end for some of the largest names in consumer finance. PayPal, Venmo, Interactive Brokers, Charles Schwab, and Mercado Libre all use its infrastructure. Adding XRP to the platform puts the asset on the menu for all of these partners.

XRP’s Reach Gets Larger

XRP currently sits across more than 8.1 million wallets with a market cap of nearly $95 billion. Paxos had grown its supported asset list to 29 tokens as of June 2026, targeting much of the top 50 by market cap before year-end. XRP is the latest addition.

Every asset clears a structured compliance review before going live. XRP passed that review. Each partner institution can now decide whether to make XRP available to its own customers. The integration puts XRP on the table for all of them, drastically increasing its potential market.

The Community Responds

Reaction came quickly after the announcement. One observer pointed out that a single integration quietly reaching millions of customers across multiple major platforms is how genuine adoption takes hold, not through public awareness of the infrastructure beneath it.

Most of those customers will never know which infrastructure sits underneath their transactions, but he suggests XRP could play a significant role. He believes this is “how adoption actually happens.”