PayPal Expands PYUSD to Solana Blockchain for Lower-Cost Transactions
At Consensus 2024, PayPal Holdings, Inc. announced on May 29 that it would expand its stablecoin, PayPal USD (PYUSD), to the Solana blockchain. Paypal’s goal is to enhance transaction speeds and reduce costs, providing users greater flexibility and control. The integration will use Solana’s high-speed and low-cost infrastructure. PayPal USD is issued by Paxos Trust…
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