PayPal announced the launch of PYUSD on Solana today. Some interesting notable features such as confidential transfers and transfer hooks (allows calling specific programs with each token...
PayPal announced the launch of PYUSD on Solana today. Some interesting notable features such as confidential transfers and transfer hooks (allows calling specific programs with each token transfer.)
Unrelated news but interesting theme of payment infrastructure building on blockchains, mastercard also announced Mastercard Crypto Credential today:...
This is the stuff i'm keeping an eye on in the crypto space. Solana doesn't have a great history, but it does have multiple major corps now looking into use it. Could be publicity stunts on all...
This is the stuff i'm keeping an eye on in the crypto space. Solana doesn't have a great history, but it does have multiple major corps now looking into use it. Could be publicity stunts on all ends, but the upside crypto offers is maybe giving all the major financial players a reason to finally use something newer than ACH and the systems around it.
There's a lot going on within Solana to try to attract enterprise companies. Big corps do have teams internally that discuss using crypto, but historically there have been some set of key features...
There's a lot going on within Solana to try to attract enterprise companies. Big corps do have teams internally that discuss using crypto, but historically there have been some set of key features lacking that make them shelf the efforts. Recent advancements like Token Extensions (the feature PayPal is using for PYUSD) come out of business development conversations with these companies to figure out what is needed to onboard them to this tech.
PayPal announced the launch of PYUSD on Solana today. Some interesting notable features such as confidential transfers and transfer hooks (allows calling specific programs with each token transfer.)
Announcement post: https://pyusd.mirror.xyz/TpEwPNybrwzPSSQenLtO4kggy98KH4oQRc06ggVnA0k
White paper: https://www.paypalobjects.com/devdoc/community/PYUSD-Solana-White-Paper.pdf
Developer Docs: https://developer.paypal.com/community/blog/pyusd-quick-start-guide/
Unrelated news but interesting theme of payment infrastructure building on blockchains, mastercard also announced Mastercard Crypto Credential today:
https://www.mastercard.com/news/press/2024/may/mastercard-crypto-credential-goes-live-with-first-peer-to-peer-pilot-transactions-adds-new-partners-to-the-ecosystem/
This is the stuff i'm keeping an eye on in the crypto space. Solana doesn't have a great history, but it does have multiple major corps now looking into use it. Could be publicity stunts on all ends, but the upside crypto offers is maybe giving all the major financial players a reason to finally use something newer than ACH and the systems around it.
There's a lot going on within Solana to try to attract enterprise companies. Big corps do have teams internally that discuss using crypto, but historically there have been some set of key features lacking that make them shelf the efforts. Recent advancements like Token Extensions (the feature PayPal is using for PYUSD) come out of business development conversations with these companies to figure out what is needed to onboard them to this tech.