For several reasons,solana has become the choice for a big payment company like paypal,solana has one of the most fastest network transactions performs with over 65000 transaction per second,not to mention the low cost fees it possesses,these makes it a preferred option for paypal pyusd project to thrive even more,on the stablecoin network.
The merger of the paypal with solana will undoubtedly boost the response of customers in the paypal network,pyusd stablecoin will be fast and easier in terms of payments transactions and will also help the solana block chain to gain more traffic in years to come.
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On x,paypal announces the launch of paypal usd on the solana block chain,stressing that the merger will be a good commercialization and also connect paypal account for fiat to crypto ease,furthermore,these will keep other network provider on their toes,so far so good,paypal pyusd has made up to $398.5 million by 30th of may,so we should be expecting more in the coming months/years,these act is going to change a lot of payments issues with customers and ensures a profitability in the market space for both paypal and solana.
Stablecoin gaining more audience like never before and reaching a market cap of over $150 billions in recent time,it kind of a big deal for the blockchain as a whole,over time stable coin has gain a lot of interest from investors who seeks to find a stable form of coin to invest in,unlike other traditional crypto currency that is volatile,stablecoin represent a way out for investors.
It been a responsive year so far,especially for stable coin with the market cap surge it has experience,if it not time to invest,then,when is the time,my only advice for investor is to trade with what they can avoid to lose and always be on the lookout for more updates from time to time.
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