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
2024-08-22
Bitget to Recruit 3000 Builders by 2025 Encouraging Next-Gen Crypto InfluencersHow to buy BTCBitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade nowRecommended
Press releaseBitget and Block Scholes Report Finds Tokenized Stocks Can Reduce Capital Requirements by $165K in $1M Multi-Asset PortfolioVictoria, Seychelles, October 7, 2026 — Bitget, the world’s largest Universal Exchange (UEX), has released a new research report with digital asset research firm Block Scholes examining how tokenized equities can improve capital efficiency when used alongside crypto assets in a unified trading account. In a $1 million portfolio modeled for the study, this structure reduced the amount of capital required to support the portfolio by approximately $165,000, from $340,000 to $175,000. The report tit2026-10-07
Press releaseBitget Launches Limited-Time Earn Campaign Victoria, Seychelles, October 06, 2026 — Bitget, the world's largest Universal Exchange (UEX), has launched a limited-time Earn campaign on USDT, USDC and USDGO, boosting returns for USDGO holders, along with dedicated ETH and BTC PoolX reward pools of 500,000 USDT and 100,000 BGB respectively. The campaign spans Bitget’s Simple Earn, HodlerYield and PoolX products, providing users with different ways to earn rewards across stablecoin, ETH and BTC holdings.From September 29 to October 9, eligibl2026-10-06
Press releaseBitget Replenishes Protection Fund to $300M+, Ahead of ScheduleVictoria, Seychelles, September 30, 2026 — Bitget, the world’s largest Universal Exchange (UEX), has replenished its Protection Fund to more than $300 million, delivering on its commitment to restore the fund within one week following the September 24 security incident. The replenishment marks a further step in Bitget’s response following the incident, with user balances protected throughout, withdrawal services progressively resuming, and the Protection Fund restored to its minimum $300 million2026-09-30
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 buy BTCBitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now