Paypal and Venmo Expand Cryptocurrency Offerings With Chainlink and Solana

CN
3 days ago

Paypal has announced the expansion of its cryptocurrency offerings with the addition of chainlink (LINK) and solana ( SOL) for users of both Paypal and Venmo. Starting in the coming weeks, users will be able to buy, hold, sell, and transfer these new tokens directly within their accounts. May Zabaneh, Vice President of Product for Blockchain, Crypto, and Digital Currencies at PayPal, stated that the decision to include these cryptocurrencies was driven by user feedback, aiming to enhance flexibility and choice in digital currency transactions. Chainlink is recognized for its role in enabling advanced blockchain applications through data and cross-chain interoperability, while Solana supports a diverse range of decentralized applications and projects. This move is meant to underscore Paypal’s commitment to providing a trusted environment for cryptocurrency transactions and fostering greater accessibility in the evolving digital currency landscape.

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