Very interesting news about Paypal. It can see the challenge posed by ripple (which has trial partnerships with over 80 banks including the central bank of Saudi Arabia) and Stellar Lumens (which is actively working with IBM to launch a payments platform). Meanwhile, other cryptos like IOTA have investment from Bosch and Volkswagen.
For big companies like Paypal, Facebook etc that have not got into the crypto space then the clock is ticking for them.