Detroiters
will
soon
be
able
to
pay
their
taxes
and
other
city
fees
with
crypto
through
PayPal,
according
to
a
Thursday
announcement
from
Detroit’s
Office
of
the
Treasury.
The
crypto
payment
option,
which
will
be
offered
through
a
“secure
payment
platform
managed
by
PayPal,”
according
to
the
release,
is
expected
to
go
live
in
mid-2025.
A
spokesperson
for
the
city
did
not
immediately
respond
to
questions
about
which
cryptocurrencies
Detroit
plans
to
accept,
but
PayPal
only
supports
a
small
handful
of
tokens
—
bitcoin,
ether,
bitcoin
cash,
litecoin,
and
PayPal’s
own
stablecoin,
PayPal
USD.
Once
Detroit
officially
begins
accepting
crypto
payments,
it
will
be
the
largest
U.S.
city
to
do
so.
Two
other
cities
—
Miami
Lakes,
Florida
and
Williston,
South
Dakota
—
already
accept
crypto
payments
for
some
city
fees,
utility
payments,
or
taxes,
as
well
as
three
states
—
Colorado,
Utah
and
Louisiana.
Each
has
partnered
with
a
third
party
payment
processor
like
PayPal
or
BitPay
that
converts
crypto
payments
into
U.S.
dollars.
