Bitfinex-Backed Stablecoin Integrates PayPal’s PYUSD for Explosive Growth

Major crypto exchange's stablecoin partner embraces PayPal's digital dollar—signaling institutional adoption acceleration.

Strategic Integration

Bitfinex's affiliated stablecoin platform now directly supports PYUSD transactions, creating seamless fiat-to-crypto gateways that bypass traditional banking bottlenecks. The move positions PayPal's stablecoin as a legitimate contender in the $140B digital dollar arena.

Market Implications

Traders gain instant access to PYUSD liquidity without intermediary conversions—cutting settlement times from days to seconds. The integration demonstrates how legacy finance giants and crypto natives increasingly collaborate despite regulatory headwinds.

Institutional dominoes keep falling while retail investors still wrestle with wallet addresses. The real innovation? Making crypto moves as easy as online shopping—with slightly better yield than your bank's insulting 0.01% savings account.

TLDR

• Bitfinex-backed Stable has integrated PayPal’s PYUSD stablecoin onto its blockchain.
• The integration aims to enhance peer-to-peer payments, remittances, and cross-border transactions.
• PayPal Ventures made a strategic investment to support the integration of PYUSD.
• Stable uses USDT as its native gas token to simplify digital dollar transactions.
• PYUSD, launched in August 2023, has grown to be the 11th largest stablecoin by market cap.

Stable, an institutional-grade stablecoin blockchain backed by cryptocurrency exchange Bitfinex, has partnered with PayPal. This collaboration will integrate PayPal’s PYUSD stablecoin onto the Stablechain. Stable aims to expand the use of PYUSD in peer-to-peer payments, remittances, and cross-border transactions. PayPal Ventures made a strategic investment to drive this integration. The partnership marks a significant step toward enhancing PYUSD’s utility across blockchain ecosystems.

Stable’s Focus on Fast Financial Transactions

Stable’s blockchain is designed for seamless financial transactions, specifically targeting peer-to-peer payments and remittances. Its layer-1 structure ensures faster and more efficient cross-border payments. As a part of this design, Stable uses USDT as the native gas token. This approach eliminates the complexities associated with managing volatile tokens for digital dollar transactions. “Our platform aims to deliver real-dollar settlement with sub-second finality,” Stable’s official site states.

Stable also integrates USDT0, a cross-chain liquidity stablecoin. This partnership with Everdawn Labs broadens its capabilities in the stablecoin ecosystem. Though it’s still unclear whether Stable uses USDT or USDT0 as its native gas token, the focus remains on simplifying stablecoin transactions.

PayPal’s PYUSD Stablecoin Gains Traction

PayPal’s PYUSD stablecoin continues to grow in the crypto market, despite being newer than other major stablecoins like USDT. Launched in August 2023 in partnership with Paxos, PYUSD now ranks as the 11th largest stablecoin by market cap. With a valuation of around $1.4 billion, PYUSD seeks to unlock new use cases for stablecoins.

PayPal 🤝 Stable

We’re excited to announce a strategic investment from @PayPal to
advance @Stable's role in stablecoin payments.

This collaboration marks a new phase for stablecoins: moving from niche adoption to becoming embedded in the fabric of global finance. pic.twitter.com/RP4eURPmAC

— Stable (@stable) September 22, 2025

David Weber, PYUSD’s ecosystem head, emphasized that the partnership with Stable will drive adoption.

“This work reflects our commitment to expanding PYUSD’s utility across multiple blockchain ecosystems,” Weber said.

PayPal Ventures partner, Amman Bhasin, also highlighted the importance of expanding reliable dollar-based payments in emerging markets. This strategic move aligns with PayPal’s goal of making PYUSD a more integral part of the global stablecoin market.