Yeah, you read that right. PayPal launches a crypto service. Among their goals in this is "Building Understanding and Adoption of Cryptocurrency". They will initially enable users to hold "Bitcoin, Ethereum, Bitcoin Cash and Litecoin, directly within the PayPal digital wallet" and "plans to significantly increase cryptocurrency's utility by making it available as a funding source for purchases at its 26 million merchants worldwide." (Emphasis added).

All quotes are direct quotes from PayPal's official press release from today. Go head over and read the whole thing, lots of interesting stuff in there.