Business

Chainlink & Solana Added To PayPal’s Crypto Offerings

PayPal has expanded its cryptocurrency offerings in the U.S. by adding Solana (SOL) and Chainlink (LINK) to its wallet, which already includes Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and its stablecoin PYUSD.

Haider Jamal
April 7, 2025

Giving Customers What They Want

The move highlights the growing importance of Solana, known for its fast and cost-effective transactions, and Chainlink, which provides critical decentralized oracle infrastructure for smart contracts. Both are ranked among the top 15 cryptocurrencies by market cap.

Source: X (@maximusham1lton)

PayPal’s Vice President, May Zabaneh, said the update was in response to customer requests for more crypto options. Since introducing crypto on PayPal and Venmo, the company has been expanding its digital asset offerings, including PYUSD which is now available on the Solana network.

Driving Mainstream Adoption

Industry experts see the move as part of PayPal’s ongoing strategy to dominate the digital asset space, leveraging its extensive user base and expertise.

PayPal’s 435 million active accounts and $1.7 trillion in annual payment volume put it in a strong position to drive the mainstream adoption of these cryptocurrencies.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.