PayPal continues its blockchain strategy by adding Solana and Chainlink to its digital asset lineup, bringing its total supported cryptocurrencies to seven while reinforcing its position as a bridge between traditional finance and crypto ecosystems.
PayPal and Venmo have integrated Ethereum Name Service (ENS) for cryptocurrency transfers, allowing users to send crypto using simple, memorable names instead of complex wallet addresses.
PayPal has launched its Paxos-issued PayPal USD (PYUSD) stablecoin on the Solana blockchain, enabling users to facilitate cross-border transactions, remittances, and other payments on the high-performance network.
