PayPal has expanded its digital asset services to include Solana (SOL) and Chainlink (LINK) for users in the United States and its territories. Customers can now directly buy, sell, hold, and transfer these cryptocurrencies on PayPal's platform.

The latest development marks an ongoing effort by PayPal to increase its presence in the crypto sector. Since launching its crypto services in October 2020, the company has steadily added support for more digital assets.

The regulatory landscape around cryptocurrencies in the US is shifting rapidly. The SEC's softened stance on Solana and Chainlink marks a notable turn.

Venture capital backing for crypto services is on the rise. Companies like RedotPay and Mesh have recently secured significant funding to expand their operations.

The growing adoption of stablecoins in financial transactions further underscores the increasing mainstream acceptance of digital assets.

For more information on these topics, visit diplomacy.edu.