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Bitcoinist 2024-05-30 08:00:51

PayPal Chooses Solana Blockchain For PYUSD Integration, Citing Speed And Low Fees

Online payment company PayPal is set to integrate its PayPal USD stablecoin (PYUSD) into the Solana (SOL) blockchain, which is increasingly becoming the preferred choice for memecoin issuers. This move follows the successful launch of PYUSD on the Ethereum (ETH) blockchain and its subsequent addition to PayPal’s Venmo peer-to-peer (P2P) payments service. According to Bloomberg,

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