According to ChainCatcher, PayPal's stablecoin PYUSD has been launched on Solana, and users can use Crypto.com, Phantom and Paxos to transfer PayPal's stablecoin to Solana.
Sheraz Shere, general manager of payments at the Solana Foundation, said: "It is common for projects to be deployed on the Ethereum mainnet, but once 'people are eager to figure out how to scale and make them work in a variety of use cases', we will see people using Solana."
