PayPal’s PYUSD Stablecoin Goes Multi-Chain Through LayerZero Integration

PayPal just supercharged its stablecoin ambitions—PYUSD is breaking free from Ethereum's chains.

LayerZero's cross-chain magic now lets PYUSD flow across multiple blockchain networks, dramatically expanding its reach and utility beyond the Ethereum ecosystem.

The move signals PayPal's serious play for crypto dominance—no more being shackled to a single chain. Traders get faster settlements, lower fees, and way more flexibility where they deploy their stablecoin stack.

Yet another legacy finance giant realizing that if you can't beat 'em, join 'em—and maybe eventually replace 'em. Because nothing says 'financial revolution' like a payments behemoth copying crypto's homework.

Permissionless Access for Developers and Users

The new permissionless version allows any developer to integrate the stablecoin into their applications without needing specific authorization. With a current circulating supply of over $1.3 billion, according to DefiLlama, PYUSD is now positioned to reach a broader user base. The new integration with the TRON network, for example, gives the stablecoin access to an ecosystem with over 332 million user accounts.

David Weber, Head of Ecosystem at PayPal USD, noted, “As the stablecoin market continues its rapid growth beyond $270 billion, innovations like this are essential.” He explained that interoperability and compliance remain priorities from day one.

Bryan Pellegrino, CEO of LayerZero Labs, added, “Stablecoins are the killer app within the crypto ecosystem. With PYUSD0, PayPal USD expands its reach and flexibility.” He stressed that the move signals the start of a borderless and round-the-clock financial market.

Furthermore, the system brings together three infrastructure partners. Paxos issues PYUSD, Stargate enables transfer without slippage, and LayerZero ensures seamless distribution across blockchains. Consequently, anyone self-custodying PYUSD can now MOVE it between blockchains with ease.

Earlier this week, PayPal also rolled out PayPal Links, a peer-to-peer payments feature. Crypto integration, including Bitcoin, Ether, and PYUSD, is expected soon across PayPal, Venmo, and other wallets. 

According to Yahoo Finance data, as of writing, PayPal’s stock (PYPL) trades at $68.78, marking a slight 0.24% increase.

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