PayPal is launching PYUSD stablecoin on Stellar to enable cross-border payments and PayFi working capital solutions for small and medium-sized businesses, complementing its existing presence on Ethereum and Solana.

PayPal USD (PYUSD) stablecoin is expanding to the Stellar blockchain to support cross-border remittances and payment financing (PayFi) use cases. The partnership enables small and medium-sized businesses with delayed receivables or pre-funding needs to access real-time working capital in PYUSD, with instant settlement on Stellar for supplier payments, inventory management, and operational expenses. PYUSD already operates on Ethereum and Solana. The expansion has been approved by the New York Department of Financial Services and requires final product integration review before launch.