PayPal USD (PYUSD) is now available on the Solana blockchain, offering users and developers speedy, low-cost payments that settle in seconds. The integration, announced at Consensus 2024, leverages Solana's fast finality and scalability. PYUSD, issued by Paxos Trust Company, can be accessed through PayPal, Venmo, Crypto.com, and Phantom wallets and transferred between Ethereum and Solana without fees. This move enhances PYUSD's utility for global payments, benefiting from Solana's innovative token extensions and robust ecosystem.

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