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Breaking: PayPal makes Solana its virtual network for stablecoin payments.
PayPal has chosen the Solana network to be the blockchain for processing its stablecoin transactions, $PYUSD.
Here are the facts:
PYUSD is a stablecoin pegged to the US dollar, fully backed and redeemable 1:1 for USD.
It was originally launched on Ethereum as an ERC-20 token.
PayPal expanded the scope of $PYUSD to include Solana in May 2024.
The network $SOL was chosen for its high speed and low transaction costs.
And now, Solana is the virtual network for PYUSD payments.
Why choose Solana #SOL؟؟ ? Have you thought about it? What do you say?
$SOL $BTC
#SOL$SOL
#GateSquare$50KRedPacketGiveaway #USCoreCPIHitsFour-YearLow #What’sNextforBitcoin?