PayPal Expands PYUSD To Stellar For Faster And Cheaper Global Payments
The post PayPal Expands PYUSD To Stellar For Faster And Cheaper Global Payments appeared on BitcoinEthereumNews.com.
PayPal has declared that it plans to increase access to its stablecoin, PayPal USD (PYUSD), to the Stellar network, subject to regulatory approval by the New York State Department of Financial Services (NYDFS). The shift should make PYUSD more efficient and accessible to real-world financial applications, such as international payments, commerce and working capital funding. PYUSD is coming to @StellarOrg, reaching a broader group of developers and unlocking new opportunities for the stablecoin. More blockchains, greater access – and we’re not stopping now. pic.twitter.com/DDfpb9JBzM — Alex Chriss (@acce) June 11, 2025 The Stellar network has been associated with cheap transaction fees and quick confirmation times, which is why it has been considered an appropriate network for broadening the usefulness of stablecoins. Through this integration, PYUSD will be able to reach users outside of Ethereum and Solana, providing businesses and individuals in over 170 countries with a stable payment solution. Stellar has an infrastructure that hosts multiple use cases that are already prospering in its ecosystem, including cross-border transactions, merchant services, and micro-financing solutions. Increased Access and Financial Inclusion Through Stellar Stellar has developed PYUSD, which will offer easy access to digital wallets, local payment systems, and global cash networks. This would enhance users’ use of PYUSD in everyday transactions and financial services, such as remittances, bill payments, and point-of-sale purchases, worldwide. Besides benefiting the consumers, small and medium-sized businesses (SMEs) could have access to new sources of liquidity thanks to a model known as Payment Financing (PayFi). Through this solution, companies would get working capital in PYUSD to spend on urgent requirements like inventory management and payment of suppliers. These settlements are also in real-time, which Stellar protocol supports, which could minimize the common delays in cross-border financing. Empowering Scalable, Transparent, Trusted Payments The integration with Stellar that PYUSD is…
Filed under: News - @ June 12, 2025 7:26 am