$SOL

Meson.fi announced that it will support PayPal's stablecoin PYUSD for cross-chain transactions. The first supported networks include Ethereum (ETH) and Solana. This move means that users will be able to trade PYUSD on these networks, thereby promoting its circulation and innovation in the DeFi ecosystem.

PayPal USD (PYUSD) is a stablecoin issued by PayPal, which is fully backed by US dollar deposits and can be converted into US dollars 1:1. PayPal positions PYUSD as a stablecoin for payment, which users can buy or sell at a price of 1 USD to 1 PYUSD on PayPal's app or website. In addition, PYUSD is already available on the Solana blockchain, providing a faster and cheaper way to trade.

Meson.fi's cross-chain transaction service provides an API interface for enterprise and merchant users, allowing them to directly call related services in decentralized applications. Meson.fi focuses on providing the best speed and cost for stablecoins, supporting cross-chain swaps of more than 20 stablecoins on more than 14 EVM and non-EVM chains and Layer 2. In addition, Meson.fi's protocol design is based on HTLC atomic swaps, implementing independent verification of each transaction to ensure that participants have full control over their funds.

Overall, this update of Meson.fi will contribute to the application and popularity of PayPal USD in the cryptocurrency and DeFi fields. #sol板块 #pyusd #paypal #非农就业数据即将公布