🚀 Breaking News: PayPal Picks Solana Over Ethereum for PYUSD Launch! 🚀

PayPal has officially chosen Solana to launch its PYUSD stablecoin, citing Ethereum's lack of speed and high transaction costs. José Fernández da Ponte, PayPal’s VP for Blockchain, Crypto, and Digital Currencies, highlighted Solana’s ability to handle up to 1,000 transactions per second and lower fees as key reasons for the switch.

But wait, there's more! TrueX, a new exchange founded by ex-Coinbase employees, also picked PYUSD over USDC, boosting Solana’s prominence even further.

Feeling bullish? Drop your thoughts in the comments! 💬 #Blockchain #CryptoNews