PayPal has added Chainlink and Solana to its cryptocurrency offerings.
Takeaway Points
- PayPal Adds Chainlink and Solana to Crypto Lineup.
- The users of PayPal and Venmo will start seeing LINK and SOL available for purchase in the next few weeks.
- On March 26, 2025, PayPal Tops $30B in Small Business Loans Globally.
Chainlink and Solana
PayPal Holdings, on Friday, announced that two additional cryptocurrencies—Chainlink (LINK) and Solana (SOL)—are now available for PayPal and Venmo users to buy, hold, sell, and transfer directly in their respective accounts.
May Zabaneh, Vice President of Product, Blockchain, Crypto, and Digital Currencies, PayPal, while commenting about the offerings, said, “Since we initially made cryptocurrencies available on PayPal and Venmo, we’ve been listening to our users about what they want to do with crypto on our platforms. One piece of feedback we’ve heard is to make additional tokens available that align with our mission of revolutionizing payments. Offering more tokens on PayPal and Venmo provides users with greater flexibility, choice, and access to digital currencies. This allows for more options to buy, send, or spend within our trusted PayPal and Venmo wallets.”
The additional offerings
According to the report, the addition of LINK and SOL shows the company’s dedication to the changing digital currency landscape and promoting greater accessibility and engagement in the cryptocurrency market.
The users of PayPal and Venmo will start seeing LINK and SOL available for purchase in the next few weeks, the report stated.
About Chainlink
Chainlink is the most widely adopted platform for data, compute, and cross-chain interoperability, enabling developers to create more advanced blockchain applications, according to PayPal.
About Solana
PayPal said that Solana is a leading blockchain platform that supports a wide range of decentralized applications and crypto projects. Users can use SOL to participate in this innovative, fast-growing ecosystem — participating in decentralized finance, making payments, playing games, building community-run infrastructure networks, and much more.
PayPal Tops $30B in Small Business Loans Globally
On March 26, 2025, PayPal said that it has passed $30 billion in global loan originations and has extended more than 1.4 million loans and cash advances to more than 420,000 business accounts worldwide since 2013, filling a critical gap for small businesses looking for capital to maintain a healthy cash flow and growth.
PayPal said that small businesses account for more than 43 percent of the U.S. GDP and nearly 40 percent of the private sector.
PayPal Business Loan and PayPal Working Capital
To aid in the growth and prosperity of small businesses, PayPal said it offered financing solutions including PayPal Business Loan in the U.S. and PayPal Working Capital in the US, UK, Germany, France, Australia, and the Netherlands.
The PayPal Business Loans are term loans with fixed repayments and not exclusively for businesses that use PayPal to process payments. They launched in 2017, while PayPal Working Capital is repaid as a percentage of a business’s PayPal sales. It launched in 2013, the company said in a statement.
Small businesses use PayPal Working Capital or PayPal Business Loan to aid in stocking up on inventory, hiring new employees, making payroll, investing in their businesses, and scaling, PayPal added.
