PayPal’s Expansion into Solana and Chainlink: Implications for LTC and the Crypto Market
PayPal has significantly expanded its cryptocurrency offerings by adding Solana (SOL) and Chainlink (LINK) to its platform in the US. This move brings PayPal’s supported cryptocurrencies to a total of seven, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and its native stablecoin, PYUSD. The inclusion of Solana and Chainlink highlights PayPal’s commitment to integrating prominent blockchain technologies that cater to diverse use cases, from decentralized finance (DeFi) to Web3 applications. This expansion could have ripple effects across the crypto market, including potential implications for Litecoin (LTC) and other established cryptocurrencies.
PayPal Adds Solana and Chainlink to Crypto Offering
PayPal has expanded its crypto offerings in the US by adding Solana (SOL) and Chainlink (LINK). These tokens join PayPal’s existing lineup, which includes Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and its native stablecoin, PYUSD. Both Solana and Chainlink play critical roles in the blockchain space. Solana supports fast, low-cost transactions and is widely used in decentralized finance (DeFi), gaming, and Web3 applications. Chainlink is essential for enabling smart contracts to access real-world data through decentralized oracles. According to BeInCrypto data, the two assets currently rank among the top fifteen cryptocurrencies by market capitalization, making them strategic additions to PayPal’s crypto offering.
Taiwan’s President Offers ’Zero Tariffs’ as a Starting Point for Talks with the US
Taiwanese President Lai Ching-te has proposed what he calls a ’zero tariffs’ starting point for trade talks with the United States. He made this offer in a video message after meeting with small and medium-sized enterprise executives at his residence. Lai explained that Taiwan plans to remove certain trade barriers rather than impose reciprocal tariffs on U.S. goods, acknowledging that Taiwan’s economy could struggle with Washington’s new tariffs but expressing hope that any negative effects can be minimized.
Crypto Market Crash Deepens As Ackman Halts 2025 US Tariffs
The crypto market crash has deepened following hedge fund billionaire Bill Ackman’s demands for a halt to planned US tariffs in 2025. Ackman’s calls for an urgent 90-day pause have added to the already existing concerns in the crypto market, leading to significant tumbles in cryptocurrency prices.