Paypal added ChainLink (link) and Solana (floor) to its growing list of covered cryptocurrencies, giving users of Paypal and VenMo the possibility of buying, holding, selling and transferring tokens directly from their accounts.
This decision reflects the continuous thrust of the payments giant in the cryptocurrency space after the first launch of the crypto support in 2020. The new tokens will be deployed to American users in the coming weeks.
“Offer more tokens on Paypal and Venmo offers users greater flexibility, choice and access to digital currencies,” said Zabaneh, vice-president of the blockchain, crypto and digital currencies of Paypal, in a press release.
The company, which also launched its own stablecoin supported by an American dollar, moved last year to allow its commercial customers to access cryptography directly from their accounts in the United States
