This news should not give any growth at all. Here is a clipping from their FAQ:
"Can I transfer cryptocurrency to PayPal and back?
Currently, you can only store the cryptocurrency that you buy from PayPal in Your account. In addition, the cryptocurrency in your account cannot be transferred to other accounts in PayPal or outside of It.
Can I use my cryptocurrency balance as a source of funds for my purchases?
No, not now.
Will I get a private key from the cryptocurrency I buy on PayPal?
You own a cryptocurrency that you buy on PayPal, but you will not be provided with a private key. In case you're wondering, a private key is a person's secret code for accessing and managing their cryptocurrency. If they are lost, stolen, or even forgotten, they will never be able to get their cryptocurrency back, which is quite risky in itself. If you can log in to your PayPal account, you will have access to the rest of the cryptocurrency that you have. "
in fact, PayPal released wrappers tied to the crypt rate to cut hamster
If PayPal did allow bitcoin withdrawals and every user wanted to do so, it would take more than 1 year of equivalent free space in the Bitcoin blockchain to process these transactions.
