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PayPal adds SOL and LINK for customers in the US and US territories
In a significant move, PayPal has expanded its digital assets offerings to include Solana (SOL) and Chainlink (LINK), bringing the total number of supported cryptocurrencies to seven. As announced on the company’s help center webpage, these new additions are now available to all customers in the US and US territories.
This update marks a substantial enhancement to PayPal’s existing crypto lineup, which already included PayPal USD (PYUSD), Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). The exact timeline of this change is unclear, as PayPal has not officially announced when it added the new assets. However, an update on the PayPal developer portal suggests that SOL and LINK were listed as supported crypto assets as early as November 2024.
While the ability to send these newly added cryptocurrencies to external wallets is currently unavailable, customers can still buy, sell, and hold SOL and LINK alongside other major crypto assets. It’s worth noting that only a select few digital assets are permitted for external transfers, including BTC, ETH, LTC, BCH, and PYUSD.
Source: https://cryptobriefing.com/paypal-supports-sol-link/
