PayPal Extends PYUSD Stablecoin to Stellar for Faster Cross-Border Payments

PayPal has expanded its US dollar stablecoin, PYUSD, to the Stellar blockchain, aiming to streamline global remittance processes. This integration brings increased efficiency and faster payment processing for businesses looking for more accessible cross-border payments. The New York Department of Financial Services (NYDFS) has approved this expansion, further validating the project’s regulatory compliance. ]