PayPal USD (PYUSD) stablecoin is now live on the Stellar network, expanding access through wallets and platforms like Bitcoin.com, Chipper Cash, and Lobstr. The deployment enables businesses to access real-time working capital and PayFi solutions with near-instant settlement on Stellar.
PayPal USD (PYUSD) has launched on the Stellar network, significantly expanding its reach to millions of users through integrated wallets and platforms including Bitcoin.com, Chipper Cash, Decaf, Arculus, Meru, CiNKO, COCA, and Lobstr. The stablecoin, fully backed 1:1 by USD deposits and US treasuries and regulated by the New York State Department of Financial Services, enables businesses—particularly small and medium-sized enterprises—to access real-time working capital and PayFi solutions with near-instant settlement. Developers can integrate PYUSD into financial applications and programmable payment solutions using Stellar's open-source SDKs and Soroban smart contracts, with native compatibility through the Stellar Asset Contract (SAC). This milestone represents a major step forward for Stellar's payments infrastructure, with the network having processed over 20 billion operations across nearly 10 million accounts.
