Alex Chris (acce) June 11, 2025
The partnership will also launch a PayFi funding model, enabling small and medium-sized enterprises facing delays in collecting their receivables or pre-funding requirements to access instant working capital in the form of direct loans in PYUSD to their Stellar wallets. Businesses can use these funds to settle supplier debts, manage inventory, and cover other expenses, with the added benefit of instant settlement and transparency. Liquidity providers have been allowed to participate in financing options and earn returns from operational activities, in addition to speculative trading.
May Zabanah, Vice President of Blockchain and Digital Currency Group at PayPal, stated that stablecoins have long been seen as revolutionary applications in the world of digital currencies, as they combine the power of blockchain with the stability of fiat currencies. She believes that working with Stellar will enhance the use of this technology and provide benefits to all users in the cross-border payments space, which is the main area.