LATEST: PayPal Now Supports Solana and Chainlink for US Customers

PayPal has made a significant leap in digital finance by incorporating Solana (SOL) and Chainlink (LINK) into its array of supported cryptocurrencies for American customers and those in US territories. This strategic addition enhances its existing lineup which features PayPal USD Bitcoin Ethereum Litecoin and Bitcoin Cash broadening options for users looking to invest in or hold digital assets.

The details surrounding the timing of these new additions remain undisclosed as the last update to the PayPal developer portal was in November 2024. Despite the lack of an official announcement the platform’s help center confirms that both SOL and LINK have been added as supported assets. PayPal users in the US can now buy sell and hold these cryptocurrencies although the capability to transfer them to external wallets is not yet available.

Since 2020 when PayPal first ventured into the cryptocurrency space by permitting US customers to deal in crypto the platform has consistently expanded its services. The recent inclusion of merchant functionalities to buy sell hold and engage in on-chain transactions marks a significant step towards enhancing the utility and accessibility of cryptocurrencies in the US business sector. This move underscores PayPal’s commitment to fostering a robust digital economy.

PayPal’s Webpage

US equities, cryptocurrencies fall on Trump’s sweeping global tariffs 

President Donald Trump on Wednesday announced sweeping new global tariffs that will place a 10% levy on almost all imports, plus higher rates on about 60 countries the administration says have the highest trade deficits with the US. 

Among those countries, China will be hit with a 34% reciprocal tariff, the European Union 20%, Vietnam 46% and Taiwan 32%.

“Foreign nations will finally be asked to pay for the privilege of access to our market, the biggest market in the world,” Trump said Wednesday afternoon during remarks from the White House Rose Garden. “We’re right now the biggest market in the world.” 

Trump said his team determined the “worst offenders” by…

Read more on Blockworks

Gen Z’s Bitcoin Bet, The Largest Wealth Transfer In History?

Episode Summary

On this episode of Bitcoin Backstage, Isabella Santos mines deep on the looming $84 TRILLION inheritance the Boomer generation is set to bequeath to younger generations. With rising adoption amongst younger generations, could Gen Z be about to make a generational Bitcoin bet?

It turns out that the largest wealth transfer in history may ALSO be the catalyst that kickstarts Bitcoin’s rise as ultimate monetary asset:

Join Isa backstage for an interview Gen Z’s very own, and Metaplanet’s Head of Bitcoin Strategy Dylan LeClair, at Bitcoin Amsterdam to get his thoughts on Bitcoin’s total addressable market and when he expects a Bitcoin economy to…

Read more on BitcoinMagazine