PayPal Expands PYUSD to Stellar for Faster, Cheaper Payments—Pending NYDFS Green Light #Stellar
PayPal is set to bring its dollar-backed stablecoin, PYUSD, to the Stellar blockchain, pending approval from the New York State Department of Financial Services. This move aims to boost real-world utility with faster payments, lower fees, and new financing options—giving users and businesses an alternative to Ethereum and Solana.
Stellar’s infrastructure, known for near-instant settlements and minimal transaction costs, will enable PYUSD users to enjoy affordable cross-border transfers, streamlined remittances, and real-time working capital for small businesses. The integration also unlocks new “PayFi” financing use cases, allowing instant loans and supply-chain payments directly in PYUSD.
With this expansion, PayPal is positioning PYUSD as a leading stablecoin for global payments and digital commerce, leveraging Stellar’s reach and speed to serve millions of users and merchants worldwide