PayPal’s digital asset issuance platform, PayPal US Dollar (PYUSD), is expanding to the Solana blockchain. The goal of this move is to create faster, lower-cost transactions than those currently available on the Ethereum network. This development highlights increasing interest by financial institutions and tech companies in using Solana as a scalable, cost-effective solution for blockchain-based transactions. However, this news is hypothetical at the moment and hasn’t been announced officially by PayPal.
PayPal Expands PYUSD to Solana Blockchain for Lower-Cost Transactions
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