PayPal Expands Arbitrum Support as PYUSD Finds New Life
2025-07-16 12:00:25
Main Idea
PayPal's stablecoin PYUSD is now supported on the Arbitrum network, expanding its availability beyond Ethereum and Solana.
Key Points
1. PYUSD, PayPal's USD-pegged stablecoin, has been added to the Arbitrum network as per updated terms on July 16, 2025.
2. Previously, PYUSD was available only on Ethereum and Solana networks.
3. The update includes references to PYUSD-Arbitrum transactions in PayPal's 'Transaction Limits' table.
4. PYUSD was launched on Ethereum in August 2023, with Paxos as the issuer, following a full reserve model.
5. Paxos moved its tokenization platform to Arbitrum in September 2024, facilitating PYUSD's integration into the Layer-2 ecosystem.
Description
PayPal's stablecoin PYUSD now supports Ethereum Layer-2 Arbitrum network. PYUSD, issued by Paxos, was previously limited to Ethereum and Solana. Continue Reading: PayPal Expands Arbitrum Support as PYUSD Finds New Life The post PayPal Expands Arbitrum Support as PYUSD Finds New Life appeared first on COINTURK NEWS .
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