VICTORIA, Seychelles, Aug. 22, 2024 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has added trading support for PayPal’s PYUSD stablecoin on Solana blockchain, increasing the availability of multichain t
Solana's infrastructure is designed to handle high transaction volumes quickly and at a minimal cost, making it an attractive platform for stablecoins like PYUSD. With its growing reputation as a preferred network for stablecoin activities, Solana offers an efficient and scalable environment that aligns with the requirements of digital payment systems. The integration of PYUSD into Solana broadens user options by enabling transactions on multiple blockchain networks. This step is likely to reinforce Solana's standing in the stablecoin market, further supporting its role in powering financial transactions and other blockchain-based services. By expanding PayPal USD's availability on Solana, new opportunities arise for consumers and businesses, especially in areas where transaction speed and cost-efficiency are crucial. Read More
