The global payment giant PayPal has expanded its cryptocurrency offerings for U.S. customers to include Solana (SOL) and Chainlink (LINK).
Accordingly, users of digital assets in the U.S. can now buy, sell, hold, and transfer Solana and LINK directly through PayPal for the first time.
PayPal previously had Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) among its important cryptocurrencies in its portfolio.
The company’s move underscores its determination to offer a wider range of cryptocurrencies, and the support of PayPal, which has over 400 million users worldwide, approximately 300 million of whom are in the U.S., could be positive for these assets, SOL and LINK.
PayPal has been offering cryptocurrency services since October 2020, initially starting with limited services for U.S. customers such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
However, later on, the stablecoin PayPal USD issued on Ethereum and Solana joined the list presented to customers in August 2023 and began to be included as a payment method within the platform.
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