4E: PayPal integration for encrypted payments, SOL treasury racing upgrade

ChainCatcher news, according to 4E observations, PayPal announced on September 15 the launch of a new feature "PayPal Links," allowing users to send and receive payments directly in any conversation through personalized one-time links. This feature has gone live in the United States and is expected to expand to markets such as the UK and Italy later this month. PayPal will also integrate payment functionality for Bitcoin, Ethereum, and PYUSD within the app, allowing U.S. users to transfer crypto assets directly, while transfers between friends and family through PayPal and Venmo will still be exempt from 1099-K tax reporting.

Meanwhile, competition surrounding the Solana treasury is intensifying. Helius Medical Technologies (HSDT) announced a partnership with Pantera Capital and Summer Capital to raise over $500 million, aiming to establish a SOL treasury company with a total funding size potentially reaching $1.25 billion. The funds raised will primarily be used to acquire SOL and generate income through a 7% native staking yield and DeFi protocols, with the transaction expected to be completed on September 18.

Another Solana-focused company, Forward Industries, has raised $1.65 billion in a private placement led by Multicoin Capital, Galaxy Digital, and Jump Crypto. According to The Block, the company has already used $1.5 billion of this to purchase SOL and plans to deploy the funds into Solana DeFi protocols to further amplify ecological leverage.

4E reminds investors: the entry of payment giants and the expansion of treasury capital inject new momentum into the crypto market, but in the short term, industry capital flows and regulatory policies will still dominate market rhythm. Investors should pay attention to the implementation of leading platforms and the ongoing construction of on-chain ecosystems to seize mid- to long-term value.