PayPal Expands PYUSD to Stellar: Unlocking New Horizons for Digital Currency
2025-07-13 10:18:52
Main Idea
PayPal is expanding its dollar-backed cryptocurrency PYUSD to the Stellar network, pending regulatory approval, to enhance accessibility and utility for cross-border payments and financial services.
Key Points
1. PayPal plans to integrate PYUSD into the Stellar network, alongside Ethereum and Solana, pending approval from the New York State Department of Financial Services.
2. This move could increase visibility and interest in Stellar's native token, XLM, which has been overshadowed recently.
3. The expansion aims to make PYUSD more accessible, enabling real-time, cost-effective cross-border payments and broader financial services.
4. PayPal highlights potential services like PayFi leveraging this integration to support businesses with digital financing.
5. XLM experienced significant price volatility (20.5%) recently, with trading volume exceeding averages as it approached resistance levels.
Description
PayPal plans to integrate PYUSD into the Stellar network for wider accessibility. Stellar offers a fast, cost-effective infrastructure, increasing PYUSD's global reach. Continue Reading: PayPal Expands PYUSD to Stellar: Unlocking New Horizons for Digital Currency The post PayPal Expands PYUSD to Stellar: Unlocking New Horizons for Digital Currency appeared first on COINTURK NEWS .
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