PayPal’s stablecoin PYUSD marks a significant milestone in its evolution with a major expansion across multiple blockchain networks. Through integration with LayerZero’s cross-chain technology, PYUSD now offers users enhanced flexibility and accessibility across Tron, Avalanche, Sei, and other prominent blockchain platforms.
PayPal built the first global digital payment network at the onset of the internet age. In 2023, they were the first major fintech company to launch a stablecoin with PYUSD.
— LayerZero (@LayerZero_Core) September 18, 2025
With PYUSD0, PayPal and LayerZero are working to drive greater availability of PYUSD across blockchains. pic.twitter.com/CWOc2CP6sA
Enhanced Cross-Chain Capabilities
The integration leverages LayerZero’s Omnichain Fungible Token (OFT) Standard to enable seamless transfers between different blockchain networks. This technological advancement eliminates traditional liquidity fragmentation issues that often plague cross-chain transactions. Users who self-custody their PYUSD tokens can now move their assets between supported blockchains without relying on complicated bridging mechanisms or multiple intermediaries.
Strengthened Security Framework
PayPal’s collaboration with Paxos and LayerZero introduces a robust security infrastructure for PYUSD transfers. The framework employs Diverse Validator Networks (DVNs) that create a resilient security layer protecting transactions of all sizes. Initial security validators include trusted entities such as Paxos, Google Cloud, and LayerZero Labs, ensuring comprehensive transaction verification and protection.
Market Impact and Future Outlook
PYUSD remains smaller than leaders like Tether (USDT) and USDC. However, its latest expansion strengthens both accessibility and utility. The stablecoin maintains a market cap near $350 million on Ethereum. This figure reflects steady adoption even with variations across networks.
Under new CEO Alex Chriss, PayPal is driving growth with sharper focus. The company aims to expand services while improving efficiency. These efforts target the rising demands of a rapidly changing digital market.
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