PayPal USD Stablecoin Now Available on Solana Blockchain ...
SAN JOSE, Calif., May 29, 2024 / PRNewswire / -- At Consensus 2024, PayPal Holdings, Inc. (NASDAQ: PYPL) announced that PayPal USD (PYUSD) is now available on the Solana blockchain, making PayPal's stablecoin faster and cheaper to use.
PayPal USD on Solana
PayPal USD on Solana. Fast. Minimal Fees. Trusted. Issued by Paxos Trust Company, LLC, PayPal USD (or PYUSD) is 100% backed by high-quality liquid assets and supported by one of the largest payment companies in the world. Read the Whitepaper.
PayPal Announces PYUSD on Solana
May 29, 2024 · Users will be able to access PYUSD through PayPal’s flagship PayPal and Venmo wallets, Paxos, as well as blockchain-native onramps Crypto.com and Phantom. Users will also be able to transfer PYUSD on Ethereum to PYUSD on Solana without any additional fees.
PayPal Community Blog | PayPal USD on Solana Quick Start
May 24, 2024 · You can get PYUSD in two ways—through major wallets/exchanges and within the PayPal ecosystem. First, PYUSD is available for eligible persons to buy, sell, and use within the PayPal ecosystem itself, through the PayPal or Venmo wallets. PYUSD is also available on major Solana wallets and exchanges.
A Technical Deep Dive into PYUSD on Solana | Solana
May 29, 2024 · PayPal USD (PYUSD), a fully backed, regulated stablecoin pegged 1:1 to the US dollar, is now on Solana, combining PayPal's payment expertise with Solana's speed, security, and cost-effectiveness for near-instant global settlements and low-cost transactions.
PayPal Stablecoin | US Dollar Cryptocurrency
Send PayPal USD to friends in the US on PayPal without fees. Plus, you can transfer to Ethereum and Solana wallet addresses that accept PYUSD in just a few steps. Developers can use PayPal USD as the payments layer to build new services and products on public blockchains.
PayPal Makes Retail Stablecoin Play with PYUSD on Solana
May 29, 2024 · Payments giant PayPal’s (PYPL) stablecoin PYUSD is coming to Solana almost a year after first debuting on the Ethereum blockchain.
PayPal expands PYUSD to Solana, targets payment use cases
May 29, 2024 · PayPal has chosen the Solana blockchain to expand its stablecoin, PayPal USD (PYUSD), marking its first move beyond the Ethereum ecosystem. According to an announcement on May 28, PYUSD has been...
PayPal Community Blog | Simplifying PayPal ... - PayPal Developer
Jun 7, 2024 · In this post, we'll explore how PayPal or Venmo can facilitate the movement of PYUSD between Ethereum and Solana easily, with a seamless and intuitive user experience. How it works. On PayPal, your PYUSD balance is independent of the blockchain on which it was transferred in/out or purchased on.
PayPal releases its stablecoin natively on Solana blockchain
May 29, 2024 · Payment giant PayPal (NASDAQ:PYPL) has officially deployed its fiat-backed stablecoin, PayPal USD (PYUSD/USD) on the Solana blockchain, which is popular for its cheap, quick transactions and...