PayPal Launches PYUSD Stablecoin on Stellar to Boost Cross-Border Payments and Financing

PayPal has expanded its stablecoin footprint by integrating PYUSD onto the Stellar blockchain, enhancing cross-border payment solutions. Previously available on Ethereum and Solana, this strategic move aims to streamline remittances and payment financing for small- and medium-sized enterprises (SMEs). By leveraging Stellar’s fast and cost-efficient network, businesses facing challenges such as delayed accounts receivable and pre-financing needs can access real-time liquidity. This development underscores PayPal’s commitment to improving working capital flow through blockchain innovation, positioning PYUSD as a versatile stablecoin in the evolving digital finance ecosystem.