PayPal expands its USD stablecoin PYUSD to Solana

2024-05-29 21:03:15

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ChainCatcher news, PayPal expands its USD stablecoin PYUSD to Solana, allowing users to transfer PayPal's stablecoin to Solana using Crypto.com, Phantom, and Paxos.

Sheraz Shere, General Manager of Payments at the Solana Foundation, stated: "It's common for projects to be deployed on the Ethereum mainnet, but once 'people are eager to figure out how to scale and make them work across multiple use cases,' we will see people using Solana."

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