According to Odaily Planet Daily, Jose Fernandez, senior vice president of PayPal, said in an interview with Coindesk that Solana is very suitable for payment scenarios. He also explained that they are bringing mainstream cryptocurrency use cases through a remittance company called @Xoom, which supports billions of dollars in transaction flows each year. Earlier, PayPal announced that it had chosen the Solana blockchain to expand its stablecoin PayPal USD (PYUSD).
