PayPal Pushes Further Into Crypto by Adding Chainlink and Solana as New Offerings
The move expands PayPal and Venmo users’ access to major cryptocurrencies amid growing regulatory clarity in the U.S.
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The move expands PayPal and Venmo users’ access to major cryptocurrencies amid growing regulatory clarity in the U.S.
The fundraising was completed using PayPal’s PYUSD stablecoin and was led by Paradigm.
Detroiters will soon be able to pay their taxes and other city fees with crypto through PayPal, according to a Thursday announcement from Detroit’s Office of the Treasury.
The service won’t be available to New York state in the beginning.
Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading {{USDT}} stablecoin has long been under a cloud of reported U.S. investigations.
The news could signal a renewed interest from traditional payment platforms in cryptocurrencies and blockchain technologies.
The payments company’s stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain reignited the token’s growth.
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