Key Takeaways:
- PayPal adds support for Chainlink (LINK) and Solana (SOL) on PayPal and Venmo, enabling U.S. users to buy, sell, hold, and transfer these tokens.
- The expansion aligns with PayPal’s broader crypto strategy, following its stablecoin launch and business crypto services.
- The rollout enhances user flexibility and access to digital currencies, according to PayPal’s VP of Blockchain.
PayPal is expanding its cryptocurrency offerings by adding support for Chainlink (LINK) and Solana (SOL) across its platforms, including Venmo.
This update allows U.S. users to buy, sell, hold, and transfer these two digital assets directly through their PayPal and Venmo accounts.
The future of payments is here! We're expanding our U.S. crypto service with Chainlink (LINK) & Solana (SOL). Buy, hold, sell, & transfer directly in your PayPal and @Venmo wallets. More info: https://t.co/7UWut2IGXz
— PayPal (@PayPal) April 4, 2025
The rollout will take place over the next few weeks and reflects PayPal’s continued commitment to growing its presence in the crypto space.
Since introducing crypto functionality in 2020, PayPal has gradually expanded the number of supported tokens.
The addition of LINK and SOL is part of a broader push to offer users more flexibility and access to digital currencies.
“Offering more tokens on PayPal and Venmo provides users with greater flexibility, choice, and access to digital currencies,” said May Zabaneh, Vice President of Blockchain, Crypto, and Digital Currencies at PayPal.
This move follows other major crypto initiatives, including the launch of PayPal’s own U.S. dollar-backed stablecoin and efforts to expand crypto access for business clients.
It signals PayPal’s long-term commitment to blockchain innovation and digital financial services.
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