PayPal Adds Support for Solana and Chainlink for Users in US territories

Users in the United States and its territories can now buy, sell, hold, and transfer Solana and Chainlink directly on PayPal, as stated on the company’s crypto FAQs page.

Previously, customers could only use PayPal to purchase SOL or LINK through MoonPay, a crypto service provider. The prices of Solana and Chainlink remained largely unchanged by this development.

PayPal has been offering crypto services since October 2020, initially supporting Bitcoin, Ethereum, Litecoin, and Bitcoin Cash for US customers.

In August 2023, PayPal introduced its own stablecoin, PayPal USD, pegged to the dollar and available on Ethereum and Solana, further expanding its payment options and asset offerings.