>why people who actually like crypto would want paypal

this snippet is everything: "to PayPal, Venmo, as well a rapidly growing number of digital wallets across the world that support crypto and stablecoins"

this is effectively PayPal taking its "closed-loop" payment network, and opening it up to any wallet capable of receiving crypto/stablecoins - which is still a big deal.

your counterparty no longer has to have a PayPal account for you to pay them via PayPal - they can have any crypto wallet and get paid by you - which is in line with much of the crypto vision around global interoperability/payment acceptance/etc. you could compare to Visa/card acceptance as another global payment rail - but the difference here is closer to the difference between global card payments (easy) and global bank transfers (hard)