I dont get this "paypal for for crypto" part,what are the paypal aspects that Agate plans to implement?
It is a payment processor, so you will be able to pay for goods, services using Agate like it is with Paypal. Send money to friends like with any other crypto, transactions will cost almost nothing and you will have a wide range of currencies at your disposal.
Those are all nothing new, all expected, important thing is that Agate has a system to remove volatility of cryptocurrencies from the equation.