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PayPalUSD and Solana

Panelat Breakpoint 2024 · 2024-09-20..09-21· [payments-and-fintech, web3]
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PayPal launches PayPalUSD issued on Solana and claims one of Solana’s fastest stablecoin on‑chain growth sprees while prioritizing token extensions and confidential transfers to support retail speed and enterprise privacy. PayPal points to its ecosystem — 400 million PayPal users, 90 million Venmo users, 30 million merchants — as on‑ramp leverage, targets B2B and cross‑border settlement, and demonstrates on‑chain utility by closing an investment as 4 million PYUSD to fund an oracle/risk startup.

AI-written summary · about

  1. 0:00Introduction
  2. 1:12Why Stablecoin
  3. 3:11Token Extensions
  4. 5:39Onramps
  5. 7:41Confidential Transfers
  6. 9:17Message to Developers
  7. 11:26PayPal Ventures
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