PayPal USD (PYUSD) Expands to Stellar Network, Enhancing Global Stablecoin Utility

PayPal's dollar-backed stablecoin PYUSD has officially launched on the stellar blockchain, marking a strategic expansion beyond its existing availability on PayPal and Venmo. The integration leverages Stellar's proven infrastructure—supporting over 10 million accounts and 20 billion operations—to enable real-time payments, faster settlements, and broader adoption among businesses and consumers.

The MOVE amplifies PYUSD's role in cross-border transactions, with immediate access through wallets like Bitcoin.com, Lobstr, and platforms such as Chipper Cash. Corbin Fraser of Bitcoin.com highlights the network's capacity to deliver fast, affordable, and reliable digital dollar transfers to millions.

PayPal's crypto VP May Zabaneh frames the rollout as a bridge between traditional finance and on-chain ecosystems, unlocking novel use cases for SMEs through Stellar's settlement efficiency. The partnership signals growing institutional confidence in stablecoins as critical infrastructure for global payments.