Well, folks, hold onto your digital hats because PayPal is making another grand leap into the world of blockchain. Yes, you heard that right! The ever-expanding digital dollar, PayPal USD (PYUSD), is spreading its wings to more blockchains than you can shake a crypto wallet at. In a collaboration with LayerZero’s Stargate Hydra bridge, PayPal is making sure you can use PYUSD across different crypto networks with the grace of a cat on a hot tin roof. First born on Ethereum, then it stretched its legs to Solana and Arbitrum, and now, guess what? Stellar’s the latest addition. It’s spreading faster than rumors at a high school prom. 🚀
But wait, there’s more! Say hello to the permissionless version of PYUSD-named PYUSD0. It’s available now on platforms like Abstract, Aptos, Avalanche, Ink, Sei, Stable, and even Tron. That’s right, Tron! I know, it’s like PayPal’s playing that cool kid who knows all the best parties. And let’s not forget, tokens on Berachain (BYUSD) and Flow (USDF) are being upgraded to PYUSD0. It’s all about keeping things smooth and frictionless, because who wants to fuss with that?
LayerZero had to jump in on this excitement, tweeting, “With PYUSD0, PayPal and LayerZero are working to drive greater availability of PYUSD across blockchains.” I mean, who could resist this kind of collaboration? It’s like peanut butter meeting jelly-if both of them were stablecoins. And, in a whopping twist, PYUSD is now available across over 140 supported networks. Talk about casting a wide net! 🧑💻
PayPal built the first global digital payment network at the onset of the internet age. In 2023, they were the first major fintech company to launch a stablecoin with PYUSD.
With PYUSD0, PayPal and LayerZero are working to drive greater availability of PYUSD across blockchains.
– LayerZero (@LayerZero_Core) September 18, 2025
As for developers, they’re getting a nice, compliant, dollar-backed stablecoin that can slide into their applications without breaking a sweat. The cherry on top? End-users get to send, receive, and transfer this stabilizing value without waiting for wires to cross the globe. It’s like sending money with the speed of light-well, almost. 💸
Permissionless Access for Developers and Users
Now, for the cherry on top of the cherry: a permissionless version of PYUSD. That means any developer can integrate it into their apps without begging for special permission. And with a circulating supply that’s already at a jaw-dropping $1.3 billion (according to DefiLlama, mind you), PYUSD is ready to grab even more users. Case in point: it’s integrating with the Tron network, which comes with a cozy 332 million user accounts. How’s that for exposure?
David Weber, Head of Ecosystem at PayPal USD, had to step up and say, “As the stablecoin market continues its rapid growth beyond $270 billion, innovations like this are essential.” So basically, if you’re not innovating, you’re getting left behind. 😅
And then there’s Bryan Pellegrino, CEO of LayerZero Labs, throwing his two cents in: “Stablecoins are the killer app within the crypto ecosystem.” Bold words, my friends. But with PYUSD0, PayPal USD is opening up a whole new world of possibilities. A borderless, round-the-clock financial market? Yes, please. 🏦
And don’t think for a second that this is just some throwaway tech gimmick. Three major infrastructure partners are teaming up to make this all possible. Paxos issues PYUSD, Stargate ensures transfers with no slippage (because, who needs that headache?), and LayerZero makes sure distribution across blockchains happens smoother than butter on toast. It’s seamless, folks. Simply seamless.
Oh, and don’t get too comfy thinking PayPal’s done here. They’ve also rolled out PayPal Links, a new peer-to-peer payments feature. Expect crypto integration (hello, Bitcoin, Ether, and PYUSD) across PayPal, Venmo, and their other wallets soon. The future is now, my friends, and it’s looking pretty stable. 🌍
As of right now, PayPal’s stock is hanging around at $68.78, a slight bump of 0.24%. But hey, every little bit counts, right?
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2025-09-19 00:34