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PayPal Expands PYUSD to Stellar Blockchain for Enhanced Cross-Border Transactions
🚀 PYUSD Now Live on Stellar Blockchain
While PYUSD launched originally on Ethereum and later on Solana (May 2024) , the most recent expansion announced involves making PYUSD available on the Stellar network. This move adds Stellar to the list of supported chains, enabling faster, cheaper cross-chain transfers and boosting operational flexibility.
🌍 Why Stellar Matters
Cost & Speed: Stellar is renowned for ultra-low fees and high transaction throughput—ideal for stablecoin usage.
Cross-Border Payments: Stellar’s existing infrastructure in cross-border remittances aligns perfectly with PayPal’s goals for PYUSD to power global transfers.
Interoperability: Expanding to Stellar enhances PYUSD's reach across different blockchain ecosystems, streamlining on-ramping and off-ramping processes.
🔄 PYUSD’s Broader Blockchain Strategy
April 2024: Xoom began allowing U.S. users to fund international transfers using PYUSD, withdrawing USD into more than 160 countries with zero fees .
Nov 2024: Xoom partnered with Cebuana Lhuillier (Philippines) and Yellow Card (Africa) to settle cross-border remittances with PYUSD, enabling 24/7 settlements .
2025 Expansion: PayPal announced plans to integrate PYUSD into merchant bill-pay offerings and payout systems like Hyperwallet, with global merchant adoption aimed by late 2025 .
⚖️ What's Driving This
Goal Description
Reduced friction & costs Blockchain rails avoid traditional banking fees and delays. 24/7 operations Transfers settle outside banking hours—key for SMEs and remittances. Global inclusion Reaching underbanked communities via local partners in Asia, Africa, and beyond. Crypto rails in traditional finance Integrating stablecoins strengthens PayPal’s leadership in digital payments.
🧭 What’s Next?
Enhanced developer tools for PYUSD on Ethereum, Solana, and now Stellar, enabling use in wallets, DeFi apps, and merchant integrations. PXRV
Continued rollout of merchant-facing tools .
