Search BitPay Says Fintechs Square and PayPal will Drive Bitcoin and other Cryptos to Become Globally Accepted Payment Method The team at BitPay, a blockchain payment technology firm that allows users to accept and send Bitcoin and other cryptocurrencies, notes that even though 2020 was a “rollercoaster of a year for the world,” digital currency remains at the “forefront” of the future of finance. BitPay pointed out that on January 1, 2020, Bitcoin (BTC), the flagship cryptocurrency, opened trading at $7,194.89. And a year later, that value almost quadrupled to $29,001.72, which was by December 31, 2020. BitPay thinks that 2021 will be the year that crypto becomes more widely adopted for payments and other practical use cases. The digital currency payment firm believes that better or improved regulations and enterprises such as Square (NYSE:SQ) and PayPal (NASDAQ: PYPL) will “drive crypto to become an accepted form of payments globally.”