PayPal announced plans to bring PayPal USD (PYUSD) stablecoin to the Stellar network pending regulatory approval, expanding PYUSD beyond Ethereum and Solana. The move aims to leverage Stellar's speed, low costs, and extensive on/off-ramp infrastructure to enable fast cross-border payments, financial inclusion, and emerging payment financing solutions.
PayPal announced that PayPal USD (PYUSD) will be made available on the Stellar network pending New York State Department of Financial Services approval. By expanding to Stellar, PYUSD will leverage the network's fast transaction speeds, low fees, and established infrastructure to enhance real-world payment utility across 170+ countries. The stablecoin will enable fast cross-border payments, improved access to financial services, and emerging use cases like Payment Financing (PayFi) for small and medium-sized businesses seeking working capital. Stellar's extensive network of on and off-ramps will provide users with multiple access points through digital wallets and local payment systems. The partnership positions PYUSD as a practical financial tool for everyday users, merchants, and businesses in emerging markets, while enabling liquidity providers to earn returns from real-world economic activity.
