PayPal’s US Dollar-pegged stablecoin has integrated cross-chain bridge LayerZero to allow native transfers of PYUSD between the two networks.

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PayPal USD links with LayerZero for transfers between Ethereum and Solana - WorldNL Magazine

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PayPal USD links with LayerZero for transfers between Ethereum and Solana

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PayPal USD begins using LayerZero to enable transfers between Ethereum and Solana

The PayPal USD (PYUSD) stablecoin now uses LayerZero’s Omnichain Fungible Token (OFT) Standard to enable transfers between the blockchain networks Ethereum and Solana. This integration enables fast, secure and cost-effective transactions for both users and businesses, the companies said in a Tuesday (Nov. 12) press release. “We believe that PYUSD holders will welcome the flexibility and convenience offered by LayerZero,” Jose Fernandez da Ponte,…

PYMNTS.com

LayerZero Enables PayPal USD Stablecoin Transfers Between Ethereum and Solana

PayPal has announced the integration of its stablecoin, PayPal USD (PYUSD), with LayerZero, enabling seamless transfers between the Ethereum and Solana blockchains. This integration allows users who self-custody their PYUSD tokens to transfer assets across these two major blockchain networks without relying on traditional intermediaries. The move is part of PayPal's ongoing efforts to enhance the functionality and usability of its digital curren…

The Defiant

PayPal Integrates LayerZero for PYUSD Transfers Between Ethereum and Solana Using LayerZero

PayPal‘s U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), has made a significant leap in blockchain interoperability by integrating with the cross-blockchain bridging protocol LayerZero. Announced on November 12, this integration marks a pivotal move to enhance PYUSD’s functionality across diverse blockchain ecosystems, specifically between Ethereum and Solana. Cross-Chain Functionality LayerZero’s statement revealed that PYUSD is now utilizin…

digitalmarketreports.com

PayPal USD Implements LayerZero to Facilitate Cross-Chain Transfers Between Ethereum and Solana

PayPal’s PYUSD now transfers seamlessly across Ethereum and Solana, boosting speed and security. LayerZero integration enables cross-chain flexibility for PYUSD, reducing reliance on centralized platforms. Decentralized verification secures PYUSD transfers, adding resilience and flexibility across Ethereum and Solana.  LayerZero’s Omnichain Fungible Token (OFT) protocol has integrated with PayPal’s U.S. dollar-pegged stablecoin PYUSD to enable t…

Crypto News Land

PayPal Boosts PYUSD Transfers Between Ethereum and Solana with LayerZero Integration

Join our Telegram group to stay up to date with the latest news on live cryptocurrencies. The PayPal payment giant has just announced an important update for its stable PYUSD currency. LayerZero integration will allow stable currency transfers between Ethereum and Solana. A great technical innovation  PayPal USD (PYUSD) [...] La entrada The new bridge between Ethereum and Solana was first published in La Cryptocurrency.

Únase a nuestro grupo de Telegram para mantenerse actualizado con las últimas noticias sobre criptomonedas en vivo. El gigante de pagos PayPal acaba de anunciar una actualización importante para su moneda estable PYUSD. La integración de LayerZero permitirá transferencias de la moneda estable entre Etereum Y solana. Una gran innovación técnica 🔵 PayPal USD (PYUSD) […] La entrada El nuevo puente entre Ethereum y Solana se publicó primero en La C…

El nuevo puente entre Ethereum y Solana - La Criptomoneda

La Criptomoneda

The new bridge between Ethereum and Solana - La Cryptocurrency

Key points of the PayPal News has integrated its stablecoin, PayPal USD (PYUSD), with the blockchain bridge protocol LayerZero, which allows smooth transfers between Ethereum and Solana. This integration aims to improve the efficiency of transactions, reduce liquidity fragmentation and provide users with faster, safer and more cost-effective options. Collaboration with Paxos, Google Cloud and LayerZero Labs ensures a secure and reliable decentra…

Puntos clave de la Noticia 
PayPal ha integrado su stablecoin, PayPal USD (PYUSD), con el protocolo de puente entre blockchains LayerZero, lo que permite transferencias sin problemas entre Ethereum y Solana. Esta integración tiene como objetivo mejorar la eficiencia de las transacciones, reducir la fragmentación de la liquidez y brindar a los usuarios opciones más rápidas, seguras y rentables. La colaboración con Paxos, Google Cloud y LayerZero …

PYUSD de PayPal permite transferencias entre cadenas entre Ethereum y Solana con la integración de LayerZero - Crypto Economy ESP

Crypto Economy

PayPal PYUSD allows transfers between chains between Ethereum and Solana with the integration of LayerZero - Crypto Economy ESP

Interoperability protocol LayerZero announced that PayPal USD (PYUSD) stablecoin now uses its Omnichain Fungible Token (OFT) Standard to facilitate transfers between the Ethereum and Solana blockchains. This integration is designed to prevent liquidity fragmentation, promoting faster, more secure, and cost-effective transactions for both individual users and businesses. Issued by Paxos Trust Company, PYUSD is backed by US dollar reserves, US Tre…

PayPal USD links with LayerZero for transfers between Ethereum and Solana - WorldNL Magazine

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