PayPal launches stablecoin on Tron, avalanche collapse and 6 other blockchains
PayPal, the payments giant, is expanding its stablecoin, PayPal Dollar (PYUSD), by integrating it across eight additional blockchains, primarily through LayerZero's StarGate Hydra...
What does this mean for users?
• Increased usability:
Users can now access and use PayPal's stablecoin (PYUSD) on the Tron network as well as other networks like Ethereum and Solana.
• Cross-network access:
PYUSD can be used on various blockchain networks while maintaining its fungibility, meaning that the PYUSD version on Tron (and other networks) is interchangeable with the original version.
• Expanding the ecosystem:
This integration aims to make PYUSD one of the most accessible stablecoins in the crypto sector.
