PayPal has announced a significant expansion of its PYUSD stablecoin, integrating the digital asset across eight new blockchain networks. The move leverages LayerZero’s interoperability protocol and the Stargate Hydra bridge to enable seamless, permissionless transfers of PYUSD on Tron, Avalanche, and six other major chains. This strategic deployment enhances the utility and accessibility of PayPal’s dollar-backed stablecoin, allowing users to transact across a broader ecosystem with increased efficiency and reduced friction.
The integration underscores PayPal’s commitment to fostering a more interconnected digital payments landscape. By utilizing LayerZero’s cross-chain messaging capabilities, PYUSD can now operate natively on multiple decentralized networks, promoting greater liquidity and interoperability. This expansion is poised to benefit merchants, developers, and consumers by providing more flexible options for stablecoin usage in decentralized finance (DeFi), remittances, and everyday transactions.
With this rollout, PayPal continues to solidify its position at the intersection of traditional finance and blockchain innovation. The company aims to drive mainstream adoption of digital currencies while ensuring regulatory compliance and security. The enhanced multi-chain support for PYUSD reflects growing demand for scalable, cross-chain stablecoin solutions in the evolving crypto economy.
