📰 PayPal brings its digital currency PYUSD to Stellar.

🏦 What is PYUSD?

PYUSD is a stable digital currency (stablecoin) created by PayPal.

🔒 It is designed to always maintain the same value as the US dollar ($1 USD).

💡 It serves to send and receive digital money without the fluctuations of other cryptocurrencies.

🌐 What is Stellar?

Stellar is a blockchain network focused on:

⚡ Fast payments

💸 Low fees

🌍 Global financial access

It is already widely used in remittances, microloans, and small payments in many countries.

🤝 What did PayPal announce?

PayPal wants its PYUSD currency to operate on the Stellar network, as well as others like Ethereum and Solana.

But this still needs approval from the New York government. 🏛️

✅ Why Stellar?

Advantage Why does it matter?

⚡ Fast Send money in seconds

💰 Cheap Almost no fees

🌍 Global Works worldwide

🔌 Easy to integrate Businesses and wallets can use it easily

🌎 How does this benefit people?

With PYUSD on Stellar, you could:

✈️ Send money to other countries faster and cheaper

🏪 Use it to pay for goods or services easily

💼 Obtain microloans or loans for small businesses

📱 Use it from digital wallets connected with local cash

🧠 A phrase to remember it

"PYUSD on Stellar = fast, cheap, and useful digital payments in the real world."

🗣️ What PayPal said:

💬 "Stablecoins like PYUSD combine the best of traditional money with blockchain technology. Stellar helps us bring this to more people in a useful and secure way."

— May Zabaneh, VP of Blockchain at PayPal

🧭 Conclusion

This move by PayPal not only enhances the use of its digital currency but also better connects the digital world with the real world, helping more people access fast, affordable, and secure financial services