Paypal’s PYUSD Adds Arbitrum Support, ARB Price Jumps Over 7%
The post Paypal’s PYUSD Adds Arbitrum Support, ARB Price Jumps Over 7% appeared on BitcoinEthereumNews.com.
PayPal quietly added Arbitrum support for PYUSD, boosting faster and cheaper transactions on the Layer-2 network. The ARB token jumped 7.7% after PayPal listed Arbitrum among supported networks for its PYUSD stablecoin. Digital payment giant PayPal has quietly added the Arbitrum network as one of the supporting infrastructures for its flagship stablecoin, PYUSD. This information was first revealed through an update to PayPal’s terms and conditions page in mid-July. Although there has been no official announcement, Arbitrum’s name is already listed on the list of PYUSD-supported networks, alongside Ethereum and Solana. Source: Paypal Arbitrum Boosts PYUSD Efficiency, But Liquidity Risks Remain Arbitrum’s inclusion as PYUSD’s new home is clearly not a decision taken lightly. With a Layer 2 structure built on Ethereum, Arbitrum offers lower transaction fees and significantly faster speeds than Layer 1 networks. For PayPal users looking to send or receive stablecoins without long waits or exorbitant fees, this is certainly welcome news. The market immediately reacted. The price of ARB—the native token of the Arbitrum network—rose 7.7% in just 24 hours after the news broke. But not only that, transaction volume also surged, increasing by a staggering 495%. However, its turnover ratio, which remains at 0.275, could be a warning sign of potential liquidity constraints, especially if this surge is merely a temporary surge. This isn’t the first time PayPal has shown its blockchain ambitions. Previously, the CNF noted that the company is also exploring integrating PYUSD into the Stellar network. The goal is similar: speed up transaction processing and keep costs as low as possible. While Arbitrum operates on Ethereum’s Layer-2 platform, Stellar is known for its fast and efficient cross-border transfer capabilities. PayPal Pushes PYUSD Utility Beyond Storage with Incentives On the other hand, PayPal doesn’t seem satisfied with simply providing infrastructure. The company has…
Filed under: News - @ July 17, 2025 11:28 am