The post PayPal Adds Chainlink And Solana To Its US Cryptocurrency Service appeared on BitcoinEthereumNews.com.

Payment giant PayPal has announced the addition of Chainlink (LINK) and Solana (SOL) to its cryptocurrency offerings. As the payment behemoth increases its crypto footprint, PayPal and Venmo users can buy, sell, and hold LINK and SOL in their accounts. PayPal Expands Crypto Offering With SOL and LINK According to an official press release, PayPal has announced the expansion of its suite of cryptocurrencies with two new tokens. The payment giant confirmed the addition of Chainlink and Solana to its offerings, signaling increased confidence in Web 3 solutions. Per the statement, the offering will extend beyond PayPal and include its subsidiary Venmo. Users of Venmo and PayPal in the US will be able to purchase, hold, transfer, and sell both SOL and LINK with their accounts. May Zabaneh, Paypal’s VP for Digital Currencies revealed that expanding its cryptocurrency offerings was an obvious choice for the company. Zabaneh disclosed that feedback from users confirmed the need to allow consumers to interact with SOL and LINK. “Offering more tokens on PayPal and Venmo provides users with greater flexibility, choice, and access to digital currencies,” said Zabaneh. With the addition of SOL and LINK, PayPal supports seven cryptocurrencies on its platform. The firm waded into cryptocurrencies back in 2020 starting with Bitcoin (BTC) and Ethereum (ETH) offerings for consumers. Early successes saw it expand to Litecoin (LTC) and Bitcoin Cash (BCH) before launching its stablecoin PayPal USD(PYUSD). Institutional adoption for SOL is rising with Polymarket integrating Solana by enabling SOL deposits. Chainlink is riding its wave of partnerships and integrations with institutional and enterprise utility at the core. Why Did The Payment Giant Choose SOL and LINK? PayPal’s decision to expand to SOL and LINK flows from their inherent capabilities and massive adoption figures. According to the statement, PayPal sees Chainlink as a…

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Filed under: News - @ April 5, 2025 7:24 am