Solana

Jupiter

<h4><strong>Compatible with <a href="https://www.altcoinbuzz.io/?s=solana" target="_blank" rel="noopener">Solana</a>, PYUSD aims to offer users a stable and efficient digital currency solution.</strong></h4> 
<p>PayPal’s introduction of PYUSD on Solana signifies its commitment to expanding its presence in the digital asset space.</p> 
<h5><strong>Enhancing Presence with Solana’s Blockchain</strong></h5> 
<p>This move not only supports PayPal’s strategy to integrate blockchain technology but also extends its payment ecosystem into the DeFi realm.</p> 
<p>PYUSD will be seamlessly integrated across all of PayPal’s payment integrations, including <a href="https://x.com/sphere_labs" target="_blank" rel="noopener">Sphere</a> and <a href="https://x.com/helio_pay" target="_blank" rel="noopener">Helio Pay</a>. This integration allows PYUSD to facilitate faster and more cost-effective transactions compared to traditional fiat currencies.</p> 
<p><img decoding="async" class="wp-image-144622 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xvcsdffdhgfjgj-262x300.png" alt="" width="476" height="545" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xvcsdffdhgfjgj-262x300.png 262w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xvcsdffdhgfjgj-367x420.png 367w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xvcsdffdhgfjgj.png 398w" sizes="(max-width: 476px) 100vw, 476px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/JupiterExchange/status/1807767504376471912" target="_blank" rel="noopener">X</a></strong></h6> 
<p>The launch of PYUSD on Jupiter also underscores the growing importance of <a href="https://www.altcoinbuzz.io/?s=stablecoins" target="_blank" rel="noopener">stablecoins</a> in the digital economy, providing stability and reliability in value compared to volatile cryptocurrencies like Bitcoin and Ethereum.</p> 
<p>Users can expect PYUSD to maintain a stable value pegged to the US dollar, making it suitable for everyday transactions and financial activities.</p> 
<h5><strong>More About PYUSD</strong></h5> 
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      <p>The PayPal stablecoin $PYUSD has gained significant traction over the past year, with over $420 million currently in circulation. Approximately 30% of this total is actively utilized within DeFi applications. It highlights its integration and utility within the broader crypto ecosystem.</p> 
      <p><img decoding="async" class="wp-image-144625 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xcvfcfgfeerety-293x300.png" alt="" width="500" height="512" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xcvfcfgfeerety-293x300.png 293w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xcvfcfgfeerety-356x364.png 356w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/xcvfcfgfeerety.png 398w" sizes="(max-width: 500px) 100vw, 500px"></p> 
      <h6 style="text-align: center;"><strong>Source: <a href="https://x.com/MarcoWorms/status/1807802933603418365" target="_blank" rel="noopener">X</a></strong></h6> 
      <p>Notably, more than $50 million of $PYUSD is traded on decentralized exchanges, primarily on platforms like <a href="https://curve.fi/#/ethereum/swap?from=0xdac17f958d2ee523a2206206994597c13d831ec7&amp;to=0xeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee" target="_blank" rel="noopener">Curve</a>, underscoring its popularity and liquidity in decentralized finance markets. This growth underscores $PYUSD’s increasing role as a stable and reliable digital currency within both centralized and decentralized financial environments.</p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/paypal-launches-pyusd-on-solana-via-jupiter-exchange/">PayPal Launches PYUSD on Solana via Jupiter Exchange</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

PayPal Launches PYUSD on Solana via Jupiter Exchange

Altcoin Buzz

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