US EditionPayPal Brings PYUSD Stablecoin to Stellar for Cross-Border Remittances, Payments Financing
- On June 11, 2025, PayPal announced plans to make its stablecoin, PayPal USD , available on the Stellar blockchain network pending regulatory approval.
- This expansion seeks to enhance PYUSD's capabilities in international remittances and payment financing, subject to approval from the relevant New York financial regulatory authority overseeing virtual currency activities.
- Stellar offers fast, low-cost payments with extensive on and off ramps, allowing PYUSD users to access everyday financial activities like payments, remittances, and merchant services globally.
- May Zabaneh from PayPal highlighted that cross-border transactions present a significant opportunity for digital currencies to deliver practical benefits, and collaborating with Stellar will promote the adoption of this technology for the advantage of all participants.
- Once approved, PYUSD on Stellar could enhance real-time working capital access for small and medium businesses, drive efficient money movement, and expand financial service use cases worldwide.
25 Articles
25 Articles
PayPal Brings PYUSD Stablecoin to Stellar for Cross-Border Remittances, Payments Financing
PayPal (PYPL) is bringing its PYUSD stablecoin to the Stellar blockchain network to strengthen the dollar-pegged token's position in cross-border remittances and payment financing, the companies said on Wednesday.PYUSD, which already operates on Ethereum and Solana, will expand to Stellar to explore new areas like payment financing, or "PayFi". This allows small and medium-sized businesses that face delayed receivables or pre-funding requirement…
Breakthrough Moment: PYUSD Joins Stellar To Disrupt Legacy Payment Systems
Key Takeaways: PayPal is bringing its PYUSD stablecoin to the Stellar network, pending a regulatory nod from NYDFS. Stellar integration aims to enhance global payments, financing, and liquidity solutions for real-world commerce. The move positions PYUSD alongside Ethereum and Solana as a practical tool for cross-border transactions. PayPal has taken a bold step in advancing its stablecoin utility by announcing the expansion of PayPal USD (PYUSD…
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