Bitcoin
Bitcoin (BTC)
$83,257.00 -1.3349
Bitcoin price
Ethereum
Ethereum (ETH)
$1,897.85 -1.68258
Ethereum price
BNB
BNB (BNB)
$622.28 2.33653
BNB price
Solana
Solana (SOL)
$128.26 -4.96836
Solana price
XRP
XRP (XRP)
$2.34 -1.90603
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.69417
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -4.55213
Pepe price
Bonk
Bonk (BONK)
$0.0000107 -2.51687
Bonk price
dogwifhat
dogwifhat (WIF)
$0.481494 -1.98653
dogwifhat price
Popcat
Popcat (POPCAT)
$0.190476 -3.53485
Popcat price
Bitcoin
Bitcoin (BTC)
$83,257.00 -1.3349
Bitcoin price
Ethereum
Ethereum (ETH)
$1,897.85 -1.68258
Ethereum price
BNB
BNB (BNB)
$622.28 2.33653
BNB price
Solana
Solana (SOL)
$128.26 -4.96836
Solana price
XRP
XRP (XRP)
$2.34 -1.90603
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.69417
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -4.55213
Pepe price
Bonk
Bonk (BONK)
$0.0000107 -2.51687
Bonk price
dogwifhat
dogwifhat (WIF)
$0.481494 -1.98653
dogwifhat price
Popcat
Popcat (POPCAT)
$0.190476 -3.53485
Popcat price
Bitcoin
Bitcoin (BTC)
$83,257.00 -1.3349
Bitcoin price
Ethereum
Ethereum (ETH)
$1,897.85 -1.68258
Ethereum price
BNB
BNB (BNB)
$622.28 2.33653
BNB price
Solana
Solana (SOL)
$128.26 -4.96836
Solana price
XRP
XRP (XRP)
$2.34 -1.90603
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.69417
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -4.55213
Pepe price
Bonk
Bonk (BONK)
$0.0000107 -2.51687
Bonk price
dogwifhat
dogwifhat (WIF)
$0.481494 -1.98653
dogwifhat price
Popcat
Popcat (POPCAT)
$0.190476 -3.53485
Popcat price
Bitcoin
Bitcoin (BTC)
$83,257.00 -1.3349
Bitcoin price
Ethereum
Ethereum (ETH)
$1,897.85 -1.68258
Ethereum price
BNB
BNB (BNB)
$622.28 2.33653
BNB price
Solana
Solana (SOL)
$128.26 -4.96836
Solana price
XRP
XRP (XRP)
$2.34 -1.90603
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.69417
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -4.55213
Pepe price
Bonk
Bonk (BONK)
$0.0000107 -2.51687
Bonk price
dogwifhat
dogwifhat (WIF)
$0.481494 -1.98653
dogwifhat price
Popcat
Popcat (POPCAT)
$0.190476 -3.53485
Popcat price

PayPal expands PYUSD stablecoin to Solana

Jayson Derrick
Edited by
News
PayPal expands PYUSD stablecoin to Solana

Online payment giant PayPal has announced that its PYUSD stablecoin has officially launched on the Solana blockchain.

The company revealed its stablecoin network expansion in a press release. The decision would make PYUSD faster and cheaper for people to use.

The Solana network is well known for its high speeds and relatively low transaction costs. Moreover, the development is set to give users more options regarding what blockchain they use the stablecoin on. The expansion is the first move outside Ethereum (ETH) for the PYUSD asset.

https://twitter.com/solana/status/1795802766700605873

“Important features to provide to merchants if PYUSD is to grow in its utility to broader commercial segments,” said PayPal, noting the expansion decision was driven by these significant benefits for commerce use cases. “Solana’s role in driving further adoption and proving PYUSD’s utility for daily use,” the company highlighted, as it seeks to expand the use cases for its stablecoin offering.

Although Solana (SOL) has struggled with outages in recent years, its results cannot be rejected. The network processes as many as 65,000 transactions in a single second, and those transactions take place at a cost as low as $0.0025. These marks are way better than Ethereum’s 15 transactions per second, with fees that can reach $50 when the network is congested.