
PayPal’s Crypto Chief: Ethereum Isn’t Cut Out for Payments
Why PayPal chose Solana over Ethereum for its stablecoin PayPal’s Vice President of Blockchain, Crypto, and Digital Currencies, Jose Fernandez da Ponte, recently revealed why the company chose Solana over Ethereum for its dollar-backed stablecoin, PYUSD. Solana’s Speed and Efficiency Ponte highlighted Ethereum’s inability to handle a high volume of transactions as a major drawback….