Will PayPal's Deepening Cryptocurrency Footprint Benefit the Stock?
PayPal (PYPL) recently expanded its digital asset offerings to include Chainlink and Solana on both PayPal and Venmo platforms. This allows users to buy, sell, hold, and transfer these two popular cryptocurrencies within their PayPal and Venmo wallets.This move supports PayPal’s broader strategy to become a one-stop digital financial hub by integrating crypto, branded checkout, peer-to-peer payments, and consumer finance tools within a unified platform.These investments are aimed at helping PayPal boost use ...