Bitget Adds Support for PayPal (PYUSD) Stablecoin on Solana Blockchain 

Press release

VICTORIA, Seychelles, 2
2nd
August, 2024 —
Bitget, the leading cryptocurrency exchange and Web3 company, has added trading support for PayPal's
PYUSD stablecoin on
Solana blockchain, increasing the availability of multichain tokens. This enables smooth transactions of PYUSD on the Solana and
Ethereum networks, easing its utility in the broader Bitget ecosystem.
Solana's infrastructure is designed to handle high transaction volumes quickly and at a minimal cost, making it an attractive platform for stablecoins like PYUSD. With its growing reputation as a preferred network for stablecoin activities, Solana offers an efficient and scalable environment that aligns with the requirements of digital payment systems. The integration of PYUSD into Solana broadens user options by enabling transactions on multiple blockchain networks. This step is likely to reinforce Solana's standing in the stablecoin market, further supporting its role in powering financial transactions and other blockchain-based services. By expanding
PayPal USD's availability on Solana, new opportunities arise for consumers and businesses, especially in areas where transaction speed and cost-efficiency are crucial.
One of the main advantages PYUSD offers is its potential for greater accessibility and user adoption compared to other stablecoins. PayPal's established global presence and user base give PYUSD a unique advantage. With PayPal's vast network, including millions of merchants and consumers worldwide, PYUSD has the potential to quickly scale and become a prominent alternative in the stablecoin space. Additionally, the integration of PYUSD on platforms like Bitget positions it to capitalize on both retail and institutional interest in stable, fiat-backed stablecoins.
The listing of PayPal's stablecoin, PYUSD, on Bitget is a significant development for both the platform and its users. As one of the most recognizable names in global finance, PayPal's entry into the stablecoin market with PYUSD brings a level of trust for mainstream adoption. Bitget remains dedicated to continuous innovation and optimization, striving to provide users with efficient and accessible trading services. Bitget addresses the demand for more flexible crypto products, empowering its 30 million users to manage and diversify portfolios with emerging tech and new stablecoins.
To start trading PYUSD, visit
here.
About Bitget
Established in 2018, Bitget is the world's leading
cryptocurrency exchange and Web3 company. Serving over 30 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep,
Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).
For media inquiries, please contact:
media@bitget.com
How to sell PIBitget lists PI – Buy or sell PI quickly on Bitget!
Trade nowRecommended
- Press releaseBitget Hits Tracks at MotoGP Germany with Interactive Fan Booth and New Online Activations Victoria, Seychelles – July 14, 202 5 – Bitget, the leading cryptocurrency exchange, and Web3 company has accelerated its global presence at the MotoGP of Germany at Sachsenring Track, held from July 11–13 , by rolling out a high-energy brand activation that fused racing excitement with smart trading innovation. The event marked Bitget’s second major outing under its MotoGP partnership, executing its strategy of merging Web3 innovation with mainstream culture to more than 50 m
2025-07-14
- Press releaseBitget Burns 30M BGB Worth $138 Million for Q2 2025 Victoria, Seychelles, 10th July, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, is set to burn 30,001,053.1 BGB (2.56% of total supply) tokens for the second quarter of 2025, equivalent to approximately $138 million based on the Q2 2025 average price. This brings the total burn for the first half of the year to over 5% of the total supply of the BGB token, based on Bitget’s strategy of growing the native ecosystem token. BGB has emerged as one of
2025-07-10
- Press releaseBitget Launchpool to List Chainbase (C) with 2.75M in Token Rewards Victoria, Seychelles, July 12, 2025 — Bitget, the leading cryptocurrency exchange, and Web3 company has announced the listing of Chainbase (C) in the Innovation and AI Zone, for spot trading. Besides being available for spot trading, Bitget will launch an exclusive Launchpool rewards campaign with up to 2,750,000 C up for grabs. Chainbase is an omnichain data network. Spot trading for Chainbase (C) will begin on 14 July 2025 at 12:00 (UTC) under the C/USDT trading pair. Withdr
2025-07-12
We offer all of your favorite coins!
Buy, hold, and sell popular cryptocurrencies such as BTC, ETH, SOL, DOGE, SHIB, PEPE, the list goes on. Register and trade to receive a 6200 USDT new user gift package!
Trade nowHow to sell PIBitget lists PI – Buy or sell PI quickly on Bitget!
Trade now