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PayPal and Venmo Add Solana and Chainlink for U.S. Users
PayPal has announced the addition of Solana (SOL) and Chainlink (LINK) to its cryptocurrency offerings, expanding its services for U.S. users. This move further solidifies PayPal’s commitment to providing a diverse range of digital currency options to its customers.
The inclusion of SOL and LINK expands PayPal’s overall crypto offerings to seven cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), USDC (USDC) and SHIB. The company aims to cater to the growing demand for various cryptocurrency options.
PayPal’s decision is seen as a strategic move to position itself at the forefront of the evolving digital payments landscape. The introduction of Solana, a high-performance blockchain platform, and Chainlink, known for its decentralized oracle network, underscores PayPal’s commitment to embracing innovative blockchain technologies.
By adding these two popular cryptocurrencies, PayPal aims to provide customers with increased flexibility and accessibility to their existing cryptocurrency holdings within their trusted PayPal and Venmo wallets. The development is seen as a significant step forward in PayPal’s journey towards fully integrating blockchain technology into its services.
The platform will allow users to purchase, trade, and transfer SOL and LINK alongside existing options of BTC, ETH, LTC, BCH, USDC, and SHIB.
Source: https://cryptotale.org/paypal-and-venmo-add-solana-and-chainlink-for-u-s-users/
