PayPal Makes Solana the Default PYUSD Network – Here Is Why This Matters for SOL

"PayPal has officially designated Solana as the default blockchain network for transactions involving PYUSD, its new stablecoin. This significant decision underscores the growing importance of Solana in the cryptocurrency ecosystem and could have far-reaching implications for the Solana (SOL) token and its value. By choosing Solana as the primary network for PYUSD, PayPal is not only enhancing the utility of the stablecoin but also signaling a strong endorsement of Solana's scalability and efficiency as a blockchain platform. As a result, this move is likely to attract more users and developers to the Solana network, which could ultimately lead to increased adoption and a positive impact on the overall market performance of SOL." source: https://blocknews.com/paypal-makes-solana-the-default-pyusd-network-here-is-why-this-matters-for-sol/