The post PayPal’s $1.3B Digital Dollar Gets Expanded to Avalanche, Aptos, Tron, Others appeared on BitcoinEthereumNews.com. Payments firm PayPal’s (PYPL) U.S. dollar stablecoin is being introduced to nine more blockchains by interoperability protocol LayerZero ZRO$1.8432, expanding the token beyond the four blockchains — Ethereum, Solana, Arbitrum and Stellar — where it’s natively issued. LayerZero integrated PayPal USD PYUSD$0.9995, issued by fintech firm Paxos, into its Hydra Stargate system, creating a permissionless version of the token dubbed PYUSD0 that’s one-to-one interchangeable with the underlying stablecoin. The move makes the token available on Abstract, Aptos, Avalanche, Ink, Sei, Stable, and Tron, while existing community-issued versions on Berachain and Flow will convert automatically. PayPal launched its PYUSD in 2023 as one of the first major payments firm-backed stablecoins. With LayerZero’s expansion, the token aims to reach new markets more quickly and provide a dollar-pegged stablecoin within the crypto economy. Currently, PYUSD has a supply of $1.3 billion, up from around $520 million at the beginning of this year, RWA.xyz data shows. Read more: PayPal Adding Crypto to Peer-to-Peer Payments, Allowing Direct Transfer of BTC, ETH, Others Source: https://www.coindesk.com/business/2025/09/18/paypal-s-usd1-3b-stablecoin-expands-to-9-new-blockchains-with-layerzero-integrationThe post PayPal’s $1.3B Digital Dollar Gets Expanded to Avalanche, Aptos, Tron, Others appeared on BitcoinEthereumNews.com. Payments firm PayPal’s (PYPL) U.S. dollar stablecoin is being introduced to nine more blockchains by interoperability protocol LayerZero ZRO$1.8432, expanding the token beyond the four blockchains — Ethereum, Solana, Arbitrum and Stellar — where it’s natively issued. LayerZero integrated PayPal USD PYUSD$0.9995, issued by fintech firm Paxos, into its Hydra Stargate system, creating a permissionless version of the token dubbed PYUSD0 that’s one-to-one interchangeable with the underlying stablecoin. The move makes the token available on Abstract, Aptos, Avalanche, Ink, Sei, Stable, and Tron, while existing community-issued versions on Berachain and Flow will convert automatically. PayPal launched its PYUSD in 2023 as one of the first major payments firm-backed stablecoins. With LayerZero’s expansion, the token aims to reach new markets more quickly and provide a dollar-pegged stablecoin within the crypto economy. Currently, PYUSD has a supply of $1.3 billion, up from around $520 million at the beginning of this year, RWA.xyz data shows. Read more: PayPal Adding Crypto to Peer-to-Peer Payments, Allowing Direct Transfer of BTC, ETH, Others Source: https://www.coindesk.com/business/2025/09/18/paypal-s-usd1-3b-stablecoin-expands-to-9-new-blockchains-with-layerzero-integration

PayPal’s $1.3B Digital Dollar Gets Expanded to Avalanche, Aptos, Tron, Others

Payments firm PayPal’s (PYPL) U.S. dollar stablecoin is being introduced to nine more blockchains by interoperability protocol LayerZero ZRO$1.8432, expanding the token beyond the four blockchains — Ethereum, Solana, Arbitrum and Stellar — where it’s natively issued.

LayerZero integrated PayPal USD PYUSD$0.9995, issued by fintech firm Paxos, into its Hydra Stargate system, creating a permissionless version of the token dubbed PYUSD0 that’s one-to-one interchangeable with the underlying stablecoin.

The move makes the token available on Abstract, Aptos, Avalanche, Ink, Sei, Stable, and Tron, while existing community-issued versions on Berachain and Flow will convert automatically.

PayPal launched its PYUSD in 2023 as one of the first major payments firm-backed stablecoins. With LayerZero’s expansion, the token aims to reach new markets more quickly and provide a dollar-pegged stablecoin within the crypto economy.

Currently, PYUSD has a supply of $1.3 billion, up from around $520 million at the beginning of this year, RWA.xyz data shows.

Read more: PayPal Adding Crypto to Peer-to-Peer Payments, Allowing Direct Transfer of BTC, ETH, Others

Source: https://www.coindesk.com/business/2025/09/18/paypal-s-usd1-3b-stablecoin-expands-to-9-new-blockchains-with-layerzero-integration

Market Opportunity
SEI Logo
SEI Price(SEI)
$0.1054
$0.1054$0.1054
-2.40%
USD
SEI (SEI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33
Why Smart Talent Acquisition Leaders are Choosing Nearshore Over Offshore: The 2026 Talent Geography Playbook

Why Smart Talent Acquisition Leaders are Choosing Nearshore Over Offshore: The 2026 Talent Geography Playbook

Last quarter, I watched a director of engineering at a Series B startup spend three weeks trying to fill a temporary Senior Backend Engineer role. The rate? $89
Share
Techbullion2026/01/21 06:13
Fed Finally Cuts Interest Rates – Crypto Boom is About to Begin

Fed Finally Cuts Interest Rates – Crypto Boom is About to Begin

The federal funds rate now stands in a range of 4.00% to 4.25%, a level that reflects a delicate balancing […] The post Fed Finally Cuts Interest Rates – Crypto Boom is About to Begin appeared first on Coindoo.
Share
Coindoo2025/09/18 02:01