PayPal (PYPL) Adds Chainlink (LINK) and Solana (SOL) to Crypto Offerings

PayPal (PYPL) Adds Chainlink (LINK) and Solana (SOL) to Crypto Offerings

PayPal has added chainlink (LINK) and solana (SOL) to its rising checklist of supported cryptocurrencies, giving customers of each PayPal and Venmo the power to purchase, maintain, promote and switch the tokens immediately from their accounts.

The transfer displays the funds big’s continued push into the cryptocurrency house after first launching crypto help in 2020. The brand new tokens will roll out to U.S. customers over the following few weeks.

“Offering more tokens on PayPal and Venmo provides users with greater flexibility, choice, and access to digital currencies,” stated Could Zabaneh, PayPal’s Vice President of Blockchain, Crypto, and Digital Currencies, in a press launch.

The corporate, which has additionally launched its personal U.S. dollar-backed stablecoin, has final yr moved to permit its enterprise purchasers entry crypto immediately kind their accounts within the U.S.

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