Lightspeed Newsletter: PayPal’s Solana integration doesn’t mean institutions are here


I hope your week has gone better than it has for the Minnesota Timberwolves. At least now they’ll be spared the trouble of losing in five games to the Celtics in the NBA Finals.

In this Friday edition, we’ll be zooming out from the week’s PayPal news to consider where Solana stands in the eyes of institutions — and their sweet, sweet liquidity. 

Is this Solana’s institutional adoption moment?

PayPal launched its stablecoin on Solana this week while pledging to explore payment use cases on the network. 

The news followed similar Solana interest shown in recent months by Stripe, Visa, and Shopify. That’s four integrations with payment giants in short succession —…

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