PayPal USD Comes to Stellar: A New Chapter in Digital Finance
Date: 2025-06-12 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
PayPal announced a strategic decision to integrate its stablecoin PayPal USD (PYUSD) into the Stellar ecosystem. This move was made possible after receiving regulatory approval from the New York State Department of Financial Services. The introduction of PYUSD into Stellar opens up new opportunities for users due to the speed of transaction processing, low cost and easy integration.
Previously, PYUSD was only available on the Ethereum and Solana networks, but now users will have an alternative that is especially attractive for international payments, microfinance and everyday financial transactions. The Stellar network will significantly simplify cross-border transfers, as well as expand access to financial services in emerging markets.
According to May Zabaneh, vice president of blockchain at PayPal, stablecoins have long been considered one of the key applications of blockchain technology. She emphasized that cooperation with Stellar will accelerate the implementation of digital currencies in practical use, especially in the field of international transfers.
Stellar's infrastructure covers more than 170 countries and offers users multiple entry and exit points - from digital wallets to integration with local payment systems. This creates conditions for a wider and more convenient use of PYUSD in everyday life, for example, when paying for goods and services or when transferring money.
Denelle Dixon, CEO of the Stellar Development Foundation, noted that the introduction of PYUSD into the Stellar network turns stablecoins into real tools for businesses and individuals. She emphasized the importance of providing stable digital currencies to small businesses and residents of developing countries.
One of the key innovations made possible by this cooperation will be the possibility of financing through the "PayFi" model - new solutions for working capital management. Small and medium-sized companies will be able to quickly receive financing in the form of PYUSD, which can be used to pay for deliveries, replenish warehouses or for other needs. Instant settlements based on Stellar will make these processes more transparent and less expensive.
Thus, the integration of PYUSD into the Stellar network not only expands the boundaries for the use of stablecoins, but also contributes to the formation of a more efficient, accessible and sustainable global financial system.
