PayPal Expands PYUSD Stablecoin to Nine More Blockchains via LayerZero

PayPal’s U.S. dollar stablecoin, PayPal USD (PYUSD), is expanding its reach beyond its original networks through a new integration with interoperability protocol LayerZero. Originally issued by Paxos and supported on Ethereum, Solana, Arbitrum, and Stellar, PYUSD will now be available across nine additional blockchains.

LayerZero introduced PYUSD into its Hydra Stargate system, creating a permissionless version called PYUSD0. This token is fully interchangeable with PYUSD at a one-to-one ratio, ensuring seamless use across different ecosystems. The expansion brings PYUSD to Abstract, Aptos, Avalanche, Ink, Sei, Stable, and Tron, while existing community versions on Berachain and Flow will automatically transition to the official standard.

The move is designed to boost adoption of PYUSD, providing greater interoperability and expanding its utility across decentralized finance (DeFi) and other blockchain applications. By leveraging LayerZero’s cross-chain infrastructure, PayPal aims to accelerate the stablecoin’s availability in diverse markets and strengthen its role as a reliable dollar-pegged asset within the crypto economy.

Since its launch in 2023, PYUSD has become one of the first major payments firm-backed stablecoins, positioning PayPal as a key player in digital currency adoption. According to data from RWA.xyz, PYUSD’s supply has grown significantly in 2025, reaching $1.3 billion—up from $520 million at the start of the year.

This expansion marks an important step in PayPal’s broader strategy to integrate stablecoins into global payments, enabling users and businesses to transact seamlessly across multiple blockchain ecosystems while maintaining trust in a regulated, U.S. dollar-backed digital asset.