Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
PayPal Expands Use Cases for PYUSD Stablecoin

PayPal Expands Use Cases for PYUSD Stablecoin

CoinspaidmediaCoinspaidmedia2025/09/24 04:15
By:Coinspaidmedia

PayPal announced the integration of its stablecoin PayPal USD (PYUSD) into the Stable blockchain, aimed at increasing the asset’s liquidity and expanding its applications in commerce and cross-border payments.

PayPal Expands Use Cases for PYUSD Stablecoin image 0

PayPal Ventures, the payment giant’s venture arm, disclosed strategic investments as part of Stable’s latest funding round, a Layer 1 blockchain network designed specifically for stablecoins, and the integration of PayPal USD (PYUSD) into the network.

According to David Weber, Head of the PYUSD ecosystem at PayPal, the company aims to increase the stablecoin’s utility across different blockchain ecosystems and open new practical use cases. Integration with the Stable blockchain will allow users to utilize the digital asset more widely for payments and financial operations.

The integration is based on LayerZero solutions and includes cross-chain compatibility, as well as the development of on-ramp and off-ramp services for PYUSD. This approach, Weber noted, will simplify commerce payments and improve the stablecoin’s accessibility for international transfers.

Sam Kazemian, CTO of Stable, highlighted that combining efforts with PayPal will accelerate stablecoin adoption within global financial infrastructure. He also emphasized that PayPal’s extensive experience in providing fast and reliable peer-to-peer payments worldwide will serve as a foundation for Stable to achieve new breakthroughs in cross-border transactions.

Recently, PayPal introduced an expanded version of PYUSD, providing access to blockchains including Abstract, Aptos, Avalanche, Ink, Sei, Stable, TRON, as well as Berachain and Flow.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Crypto Aave Gains 11% from a Planned Burn

Cointribune•2026/09/29 20:57
Crypto Aave Gains 11% from a Planned Burn

OpenAI Challenges Meta: Launches Personal AI Assistant Dots, Premium Subscription at $500 per Month—Five Times the Price of Muse’s Top Tier

To compete with Meta's Muse for market share, OpenAI has launched its "always-on" AI agent, Dots. Dots runs on the GPT-6 Astra model and can proactively handle tasks such as research, programming, and document drafting for users. On the same day, OpenAI also released the GPT-6.1 Sol model, whose performance is close to Astra’s, but with standard token pricing at only one-fifth of Astra's. Meta's stock price briefly dropped after the release of Dots, then rebounded, ultimately closing up 3.24%.

华尔街见闻•2026/09/29 20:51