📣Blockchain giant Solana welcomes PayPal stablecoin PYUSD! 🚀 PayPal announced the launch of its stablecoin on the Solana blockchain, making it faster and cheaper to use.

- Solana is known for its high speed and relatively low transaction costs.

- This is the first extension of PYUSD outside of Ethereum (ETH).

PayPal notes that the decision to expand was driven by significant benefits for commercial use. Solana processes up to 65,000 transactions per second at a cost of just $0.0025 per transaction, which is significantly faster than Ethereum.

🤔What do you think about this move by PayPal? Share your opinion in the comments!