PayPal has launched its USD stablecoin, PYUSD, on the Solana blockchain. This move aims to enhance retail adoption by leveraging Solana's high transaction speeds and low costs. The stablecoin, issued by Paxos, will serve over 30 million merchants, enabling swift and secure transactions. This expansion follows the initial launch of PYUSD on Ethereum in August 2023. The integration allows users to access PYUSD through PayPal, Venmo, Crypto.com, and Phantom, with zero transaction fees on Phantom. The $2.6 trillion payments market is expected to heat up as PayPal seeks to boost its profits through this crypto stablecoin. PYUSD currently has a nearly $400M market cap, and more than 420 million PayPal accounts can now use Solana's network.
I think this might actually be an exact count lmao, long time coming. Glad to see it finally here and can't wait for all of the upcoming Solana launches to start rolling out https://t.co/IB1r0vrdnY
Just in: LayerZero is live on Solana! 🔥 The integration connects the Solana city to seven blockchains, with omnichain messaging support for 60+ coming soon. That’s a lot of chains🤌 https://t.co/LAYBuXfgn0
🚨JUST IN: @LayerZero_Labs bridge is now live on Solana enabling the bridging of assets across eight chains: Solana, Ethereum, Arbitrum, Optimism, Base, BNB Chain, Avalanche, and Polygon. https://t.co/iWeWXwJBPt
Ok I'm starting to think this @LayerZero_Labs thing is a game changer https://t.co/lgS3Z2vE4o
Let's go 💪💪💪 https://t.co/wtz6q12EZP
It seems like all the metas have been on Solana
"Bitcoin may not be for everyone, but it's for anyone." - Alex @gladstein #Bitcoin https://t.co/5hK8GS7tXz
1/ LayerZero is live on Solana. https://t.co/zQRvNmgDl4
🍕's on @solana outside of the convention center #Consensus2024 https://t.co/TKfpZPZVc8
Paypal USD now on Solana. Solana is the chain for payments. Another big W for the manlets. https://t.co/miGVw5DShj
PayPal launches PYUSD on @Solana and cites Artemis in the launch 💪 "As the most used blockchain for stablecoin transfers, according to data from blockchain analytics platform Artemis, Solana has emerged as the leading blockchain to run tokenized transactions and is ideal for… https://t.co/cJg7uff8zV https://t.co/xyvsXwFy9W
PayPal's stablecoin pegged to the U.S. dollar now runs on @Solana too, expanding its reach following the initial Ethereum debut in 2023. Click to read: https://t.co/klXoJzwNbw
PayPal is on Solana
Issued by Paxos 💫 Congratulations to @PayPal and @Solana on the big launch! https://t.co/emtsBzqAYL
.@PayPal banks on @solana's stablecoin dominance to bolster PYUSD adoption https://t.co/NDfFWawYBZ
PayPal USD has launched on @Solana! Solana, 2nd blockchain to support PYUSD after Ethereum, boasts rapid transactions & low costs, ideal for commerce. Seamlessly connect PayPal accounts for fiat-to-crypto ease. Learn more: https://t.co/dXpfOxWnNC https://t.co/eTcq4imDso
y'all don't realize it yet but @PayPal and @IGGYAZALEA both shipping on solana isn't all that different payments and community both connect people, solana makes it easier high performance chains are where it's going to happen
LETS GOOOOOOO Paypal has now officially expanded to Solana big W for the manlets, crypto, and payments as a whole https://t.co/WaWqhNyB99
🚨 LATEST : @solana showcases @PayPal USD payments on Solana using @phantom Mobile and @solanapay. https://t.co/tTUAqE0Ar2
PayPal's stablecoin, #PYUSD, is now available on the Solana network. https://t.co/5jQDPhc6ex
NEW: @solana DROPS PAYMENTS WITH @PayPal USD ON SOLANA DEMO WITH @phantom MOBILE AND @solanapay https://t.co/pF0KSSk0v3
Hey @PayPal 👋 Welcome to @Solana https://t.co/3JuHR9i7eh
Payments with @PayPal USD on Solana are as easy as a tap — just check out this demo with @Phantom mobile and Solana Pay 👻 https://t.co/88r4HhUBQj
Big W for crypto, big W for @solana Hey @PayPal, we are glad to have you here! 🤝 https://t.co/gikVSVGbsz
PYUSD stablecoin by PayPal is now available on Solana in addition to Ethereum, enhancing accessibility post-debut in 2023. #PYUSD #PayPal #Solana #Ethereum #CryptoNews
PayPal has expanded its PYUSD stablecoin to the Solana blockchain to enable faster and more cost-effective transactions, building on its initial launch on Ethereum in August https://t.co/1sYJHQgclt
surreal to see this live! incredible work over the years by @solanalabs @anza_xyz to develop token extensions, now in use by @PayPal. onchain payments in the blink of an eye on @solana! https://t.co/aZMBaLzd7U
PayPal Expands PYUSD Stablecoin From Ethereum to Solana ► https://t.co/0kqGbCUygI https://t.co/0kqGbCUygI
🚨 FOMO IN: @PayPal officially launches PayPal's stablecoin $PYUSD on @Solana. https://t.co/FD1QiyDy0w
ICYMI: PayPal USD is now live on Solana 🥳 Learn more about what the expansion to @Solana enables for PYUSD from Jose Fernandez da Ponte, SVP, Blockchain, Crypto & Digital Currencies, @PayPal and the team at Bloomberg @Crypto 👇 https://t.co/ZQmuRVRumy
🚨 LATEST: @solana_devs launches a guide on how to integrate $PYUSD (@PayPal) to dApps. https://t.co/IhgOqgZV4Z
NEWS: Financial Giant @PayPal Embraces @solana , Launching PYUSD Stablecoin for Global Adoption https://t.co/4xVjf4SmaA
Just got even more bullish on Solana! https://t.co/atqtbjRooA
PayPal USD gets an A- from us at @bluechip_org, a very good grade. https://t.co/A8cSiWNyud https://t.co/tqJsMjDm3m
JUST IN: PayPal's USD Stablecoin has officially launched and is now available on the Solana Blockchain. $PYPL $SOL https://t.co/Inn7hMgwtL
🚨 BREAKING 🚨 PAYPAL'S $PYUSD STABLECOIN IS NOW LIVE ON THE SOLANA. $PYUSD WILL LEVERAGE SOLANA AND TOKEN EXTENSIONS TO SERVE OVER 30 MILLION + MERCHANTS, EMPOWERING USERS WITH FAST & SECURE STABLECOIN TRANSACTIONS BULLISH 🔥🤝 https://t.co/L6I4l4KFX1
More on @solana x @PayPal historic partnership announcement. - @PayPal helped define Solana's token extensions feature. - More than 420 million PayPal accounts can now use Solana's network. - The race is on to capture titanic payments space. h/t @SherazShere, Solana…
🚨 BREAKING: @phantom announces that users can now buy and transfer $PYUSD (@PayPal) directly in Phantom without any transaction fees on @solana Blockchain. https://t.co/e8uOBaYH7X
PayPal USD to go live on Solana blockchain https://t.co/AYJAYRUBIm
Stablecoins will unlock the future of money. @PayPal @Paxos launch this next chapter on @solana. https://t.co/kPDdoyJm0P
PayPal 🤝 Solana This took years of effort, major thanks to all involved. More to come! https://t.co/d2DzVpTzj6
🚨 BREAKING: PAYPAL'S STABLECOIN DEBUTS ON SOLANA PayPal USD (PYUSD), issued by Paxos, is now live on Solana. This will reportedly boost high-speed, low-cost transactions for over 30 Million merchants. Sources: PayPal, Paxos, Solana https://t.co/sU6ag2yGgm
ok this is wild paypal just launched its PYUSD stablecoin on solana (yeah i know. yawn) but it seems to have a privacy feature they call “Confidential Transfers” that hides the transaction amounts of transactions???? this sounds a lot like “confidential transactions”, a… https://t.co/BMqvWTBoOC
Fun fact about @PayPal adding its $PYUSD stablecoin to @solana is that it's minted using Solana's token extension feature. Basically, it lets issuers monitor and control who exactly is using the token. Check out my latest for @DLNewsInfo 🦙 https://t.co/ZMbnLVuIGj
Paypal USD on Solana 🤯 Bullish on Solana Payments layer 🔥
https://t.co/A7lhUEyoao Exchange now supports deposits of $PYUSD via Solana. *Available for both Exchange Web and App. Deposit Now 👉 https://t.co/GBTPzwV3F0 @PayPal https://t.co/upVDoagHvw
💥BREAKING💥 PayPal launches stablecoin $PYUSD on Solana $SOL https://t.co/mn4JMgojnq
PayPal adds its PayPal USD stablecoin, launched on Ethereum in August 2023 and issued by Paxos, to Solana; PYUSD currently has a nearly $400M market cap (@hgmiller29 / Bloomberg) https://t.co/PERcRcx6P9 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/0OzqvtrxDC
Deposits of $PYUSD via Solana have just been enabled on the https://t.co/vCNztATkNg App. Launch the App 👉 https://t.co/TAz25EjL51 @PayPal https://t.co/0dBLgVSvff
.@PayPal’s (PYPL) stablecoin $PYUSD is coming to @solana almost a year after first debuting on the @ethereum blockchain. https://t.co/IdWUbMt5Lb
PAYPAL’S PYUSD STABLECOIN EXPANDS TO SOLANA - Payment giant @PayPal has today seen its $PYUSD stablecoin launch on the burgeoning @Solana blockchain. - The reason for the expansion is likely to gain access to $SOL’s high transaction speeds, low costs, and near-instant… https://t.co/aUsNDk7okb https://t.co/3x3Mq1mKvl
PayPal USD (PYUSD) is officially available on @solana 🔥 Buy and transfer PYUSD from @PayPal directly in Phantom—with zero transaction fees. https://t.co/otYkw0Pj9U
1/ @PayPal USD stablecoin issued by @Paxos is now live on Solana! Learn how to integrate PYUSD, which uses token extensions, into your dApps 🧵 https://t.co/yMa6SQY0IO
JUST IN: 🇺🇸 PayPal launches US Dollar stablecoin on Solana. https://t.co/z5JFoE1pAn
PayPal Launches PYUSD Stablecoin on Solana Blockchain in $2.6 Trillion Market https://t.co/gUNWuXQtAU
🚨JUST IN: @PAYPAL'S $PYUSD STABLECOIN OFFICIALLY GOES LIVE ON @SOLANA
BIG DEAL DAY. PayPal USD (PYUSD) is now available on Solana. Users will be able to access PYUSD through PayPal, Venmo, Crypto dot com and Phantom. Over time, this will be the lifeblood that powers p2p payments, remittance and merchant payments within the PayPal ecosystem. This… https://t.co/qsLzcqJ855
[PAYPAL NEWSROOM] #PayPal USD Stablecoin Now Available on #Solana Blockchain, Providing Faster, Cheaper Transactions for Consumers $PYPL $SOL $PYUSD
JUST IN: @PayPal’s stablecoin ($PYUSD) is now live on Solana @Tether_to, ($USDT) made a $4.52B net profit in Q1 2024 Meanwhile, PayPal recorded a profit of just $888M in Q1 2024 Can PayPal boost their profits over time through a crypto stablecoin? https://t.co/03DrpmEr4d
JUST IN: @PayPal’s stablecoin ($PYUSD) is now live on Solana @Tether_to, the company behind $USDT made a $4.52B net profit in Q1 2024 Meanwhile, PayPal recorded a profit of just $888M in Q1 2024 Can PayPal boost their profits over time through a crypto stablecoin?…
JUST IN: PayPal's stablecoin $PYUSD officially launches on Solana.
⚡️JUST IN: @PayPal USD (PYUSD) is officially live on @Solana. https://t.co/QBIHlu5m5j
BREAKING: $PYUSD (@PayPal) GOES LIVE ON SOLANA https://t.co/62sllIqDVa
Solana News: @PayPal $PYUSD launches on @solana ☝️ https://t.co/BIRSIdlh3p
Solana News: @PayPal launches on @solana ☝️ https://t.co/BIRSIdlOSX
PayPal, the first large financial company to roll out a stablecoin, is adding its PayPal USD token to the Solana blockchain that is popular with issuers of memecoins https://t.co/8oDHPCvn05
NEW: PayPal's PYUSD stablecoin is now live on Solana. https://t.co/vvrWHlGa88
🚨 BREAKING BIG: @PayPal USD (PYUSD) officially goes live on @solana, enabling swift and secure stablecoin transactions for over 30 million merchants. https://t.co/fMenufCOBb
NEW: Paypal's PYSUD stablecoin is now live on Solana. https://t.co/gdlCM4g3jx
.@PayPal is bringing its $PYUSD stablecoin to Solana in a bid for deeper retail adoption. @realDannyNelson reports https://t.co/FF0sQ4Thiz
BIG news from @Consensus2024: PayPal USD is now available on Solana 🎉 https://t.co/rFaFy7kunz 1/4 https://t.co/ieclKmrBlI
Solana lands deal with PayPal to support its stablecoin as $2.6tn payments market heats up https://t.co/CkcGY2sKjl
1/📣Breaking News: @PayPal USD (PYUSD) is live on Solana! PayPal USD stablecoin issued by @Paxos will leverage Solana and token extensions to serve over 30m+ merchants, empowering users with fast and secure stablecoin transactions. https://t.co/h66iejTv50
The PYUSD stablecoin has gone live on the Solana blockchain, and PayPal isn't done yet. https://t.co/bAttmAVkvR
Solana X @Pond0x LOADING… 🐸🟪🚀 https://t.co/xxaP3b9uZU
In the ever-evolving world of crypto and NFTs, @phantom has emerged as the leading wallet for Solana’s web3 ecosystem. Its recent feat of claiming the top spot among finance apps on Google Play is noteworthy, surpassing heavyweights like @CashApp and @PayPal. With an impressive… https://t.co/LP3k826Pi6
🚨 FOMO IN: Solana Wallet @phantom reaches the No. 1 Ranking on @GooglePlay Top Finance Apps In The U.S. https://t.co/v4mvbfU7gV