PayPal Expands PYUSD to Stellar Blockchain for Faster, Global Payments

  • PayPal is expanding the reach of its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), by integrating it with the Stellar blockchain network, pending regulatory approval from the New York State Department of Financial Services. This move builds on PYUSDs current availability on Ethereum and Solana, aiming to boost speed, cost-efficiency, and global accessibility.