PayPal Adds Solana and Chainlink to U.S. Crypto Offerings

PayPal Expands U.S. Crypto Access With Solana and Chainlink Integration

PayPal has expanded its crypto services to include Solana (SOL) and Chainlink (LINK) for users in the United States and its territories, according to an update posted to the company’s crypto FAQ page. Customers can now buy, sell, hold, and transfer SOL and LINK directly on PayPal’s platform—a move that reflects the fintech giant’s growing commitment to the digital asset space. Previously, access to these tokens required using third-party services like MoonPay, with PayPal only functioning as a payment option.

PayPal’s Crypto Journey and Stablecoin Push

PayPal launched its first crypto services in 2020, initially supporting Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). In August 2023, it introduced PayPal USD (PYUSD)—a stablecoin issued on both Ethereum and Solana—positioning itself more deeply within the blockchain ecosystem. The addition of SOL and LINK is the latest move in PayPal’s crypto roadmap, as it navigates the evolving U.S. regulatory environment and increasing institutional adoption.

Regulatory Shift Opens Doors for SOL and LINK

Regulatory pressure previously hindered Solana’s broader adoption. In 2023, the SEC included SOL in its lawsuits against Binance and Coinbase, labeling it a potential unregistered security. But in recent months, the regulator has backed away, pausing litigation and dropping its case against Coinbase, while no longer pursuing SOL’s security classification. This shift, along with growing political engagement, has bolstered the legitimacy of assets like Solana and Chainlink. 

• Multiple Solana spot ETF filings are under review.

• Chainlink’s co-founder was present at the White House Digital Asset Summit in March.

Venture Capital Flows Into Stablecoin Infrastructure

The momentum isn’t limited to PayPal. Venture firms are doubling down on blockchain-based payments and stablecoin services:

• RedotPay raised $40M in a Series A led by Lightspeed, with backing from Galaxy Ventures, DST Global, Accel, and others.

• Mesh closed an $82M Series B, with investment from Paradigm, ConsenSys, and Yolo Investments.

• Notably, a large portion of the investments were settled using PayPal’s PYUSD, signaling its rising utility.

Last year, Stripe acquired stablecoin platform Bridge for $1.1B. In April 2025, the payments firm announced it would once again allow crypto payments, ending a six-year hiatus. Even globally, Singapore-based Triple-A plans to integrate PYUSD for customer payments, reinforcing PayPal’s role in stablecoin-powered finance.