#PayPal cryptocurrency expands to #solana
The firm highlights that this advance will allow users to make fast, secure and cheaper transactions.
Payments platform PayPal confirmed that its stablecoin is expanding to the Solana network, which will make PayPal USD (PYUSD) faster and cheaper to transact.
The announcement comes 9 months after the company introduced PYUSD. As Criptonoticias already reported, it is an ERC-20 token, that is, developed on the Ethereum network, which maintains parity in its price with the US dollar.