PayPal's PYUSD Expands Blockchain Integration to Enable Worldwide Digital Transactions

PayPal’s stablecoin,

USD (PYUSD), is now available on nine more blockchains after integrating with LayerZero’s Stargate Hydra bridge, greatly expanding its ability to operate across multiple chains. This update introduces a permissionless version called PYUSD0, which is entirely fungible and can interact seamlessly with the original PYUSD. Now, PYUSD is accessible on networks such as , , , Abstract, Ink, , Stable, among others. Community-issued versions on and Flow have also been updated to follow this new standard. This development builds on PayPal’s initial rollout of PYUSD on , , , and Stellar back in 2023.

With LayerZero’s Stargate Hydra, PYUSD0 can be transferred smoothly between blockchains without needing centralized parties, which means users keep full control over their tokens and can move them easily across networks. The system manages minting, burning, and deployment while ensuring compliance and flexibility, providing a consistent PYUSD experience on every supported blockchain. This upgrade opens the door for PYUSD to reach more than 140 chains via LayerZero, boosting its usefulness for DeFi, cross-chain payments, and decentralized apps.

Since its introduction in August 2023, PayPal’s PYUSD supply has risen sharply—from around $520 million at the start of 2025 to $1.3 billion by September of that year. Issued by Paxos Trust Company, PYUSD now ranks as the 11th largest stablecoin, following leaders like Tether’s

and Circle’s . This expansion is intended to boost PYUSD adoption by making it more accessible to both developers and users, especially on high-traffic platforms like Aptos, which sees $70 billion in monthly stablecoin transactions.

This integration highlights PayPal’s vision for digital dollars as a frictionless payment method for international transactions. By using LayerZero’s omnichain fungible token (OFT) framework, PYUSD0 avoids splitting liquidity, enabling users to move their stablecoins between blockchains without relying on centralized services like Venmo or PayPal. This supports an industry trend where interoperability and cross-chain movement are increasingly crucial for stablecoin adoption.

This move also points to a rise in institutional engagement with blockchain-based finance.

CEO Bryan Pellegrino noted that this collaboration is a sign of global financial markets becoming ever more connected and always open. According to the U.S. Treasury, the stablecoin market could expand from $295 billion to $2 trillion by 2028, and PayPal’s strategy puts PYUSD in a strong position to rival established tokens like USDT and USDC, which are present on 12 and 25 blockchains, respectively.

By bringing PYUSD to nine additional blockchains via LayerZero, PayPal is taking a significant step forward in its digital payments journey. The broader cross-chain reach and scalability are designed to strengthen PayPal’s influence in the crypto space, while staying aligned with regulations such as the GENIUS Act, which clarifies stablecoin operations in the U.S. As stablecoins continue to evolve, PYUSD’s cross-chain compatibility and robust compliance could make it a central player in the future of blockchain-based finance.