PYUSD deposits and withdrawals are now live on Stellar via Kraken. The PayPal-backed stablecoin is natively issued by Paxos, providing direct digital dollar access on Stellar's payments network. Trading will be available once liquidity conditions are met.
PYUSD, PayPal's USD stablecoin, is now available for deposits and withdrawals on Stellar through Kraken. Unlike bridged versions, PYUSD on Stellar is natively issued by Paxos Trust Company, giving users direct access to a fully-reserved digital dollar on a network built for fast payments and low-cost settlements. Kraken plans to enable trading and instant-buy functionality once sufficient liquidity materializes. The integration underscores Stellar's role in institutional stablecoin rails.
