traditional rent-seeking high fee payment processing services are going to inject themselves into cryptocurrency at all cost. At this point the efforts is getting a little comical.
So they choose bitcoin?
The whole point is that PayPal shields the business from the volatility risk. Buyer buys in Bitcoin, seller receives local fiat currency.
I think the point here is probably that Paypal is noticing that an increasing amount of consumers have crypto and would like to pay with them, so they offer this possibility.
Bitcoin is just another currency, and indeed most businesses don't want to hold them because they need to hold their local fiat. That doesn't mean consumers don't want to use Bitcoin tho.
That's exactly what India's UPI payment transfer does. Instant, Direct, Secure, no fee