PayPal Expands PYUSD Stablecoin to Eight New Blockchain Networks

TLDR PayPal is expanding PYUSD stablecoin across eight new blockchains through LayerZero’s Stargate Hydra bridge A permissionless version called PYUSD0 will be fully fungible with PYUSD and interoperable across blockchains PYUSD now supports Tron, Avalanche, Aptos, Abstract, Ink, Sei, Stable, and Stellar The US Treasury estimates the stablecoin market will grow from $295 billion to [...]

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