PayPal Joins Forces with LayerZero to Supercharge PYUSD on Tron, Avalanche, and Aptos
PayPal just turbocharged its stablecoin ambitions—partnering with interoperability powerhouse LayerZero to deploy PYUSD across three major blockchain ecosystems.
Multi-Chain Domination
The move catapults PYUSD beyond Ethereum's confines onto Tron's high-speed network, Avalanche's scalable architecture, and Aptos' next-gen infrastructure. No more single-chain limitations—this is full-spectrum deployment.
LayerZero's cross-chain magic makes it happen seamlessly. Their protocol stitches together liquidity and functionality without messy bridges or wrapped assets. Suddenly PYUSD isn't just another stablecoin—it's a multi-chain powerhouse.
Traditional finance still can't decide if crypto is a threat or a toy—meanwhile PayPal's executing like they actually read the whitepapers. While banks debate blockchain adoption, they're busy building the infrastructure for real-world crypto payments.
This isn't just expansion—it's an ecosystem play. More chains mean more users, more liquidity, and frankly more utility than most legacy payment systems ever delivered. The future of money isn't just digital—it's interconnected.
PYUSD set to go live on Tron, Avalanche and Aptos
PayPal plans to expand its PYUSD stablecoin to newer blockchains, including Tron, Avalanche, and Aptos, in collaboration with interoperability protocol LayerZero, according to a statement on Thursday.
The stablecoin will be rolled out across various networks via the bridging platform Stargate Hydra as a permissionless token, PYUSD0, utilizing LayerZero's Omnichain Fungible Token (OFT) standard.
"By working together, we will enable PYUSD to reach new markets faster while maintaining compliance and composability from day one," said David Weber, Head of Ecosystem for PayPal USD.
LayerZero will enable the minting, burning, and deployment of PYUSD0 across new blockchains, while preserving composability with all existing networks and applications.
PYUSD0 will remain fully fungible and interoperable with native PYUSD, ensuring that it maintains a stable peg with the US Dollar. Holders can also MOVE their PYUSD seamlessly across blockchains when in self-custody, without relying on traditional centralized banking infrastructure.
"As the stablecoin market continues its rapid growth beyond $270 billion, innovations like this are essential for creating the seamless, interoperable financial infrastructure that users and developers demand," Weber added.
Aptos claims to be the Move-chain launch partner for PYUSD0, combining its infrastructure with PYUSD's liquidity to support real-world payments.
PayPal was among the first mainstream fintech firms to roll out a stablecoin in 2023 with the launch of PYUSD initially on ethereum before expanding to Solana and Arbitrum.
Other fintech companies have since followed the trend, including Fiserv, which announced in June that it will launch its FIUSD stablecoin by the end of the year.
The move reflects an increased demand for stablecoins since the passage of the GENIUS Act in July.
Top financial firms, including JPMorgan, Bank of America, Citigroup, and Wells Fargo, have all expressed interest in stablecoins.
