PayPal announced the launch of a new version of its PayPal USD (PYUSD) stablecoin, enabling use of the asset across nine additional blockchain networks through LayerZero and Stargate.
Together with LayerZero, PayPal introduced PYUSD0, an expanded version of its PYUSD stablecoin that provides access to the asset in nine new blockchains, in addition to the previously available Ethereum, Solana, Arbitrum, and Stellar.
Specifically, PYUSD0 will be available on Abstract, Aptos, Avalanche, Ink, Sei, Stable, and TRON. Moreover, the existing versions BYUSD (Berachain) and USDF (Flow) will be upgraded to the PYUSD0 standard. Users won’t need to take any action, PYUSD and PYUSD0 tokens are fully interchangeable and interoperable.
PYUSD0 combines three key components:
- PYUSD dollar stablecoin issued by Paxos;
- Stargate protocol, enabling costless asset transfers;
- LayerZero infrastructure, serving as the rails for distributing PYUSD across blockchains.
The Hydra technology developed by Stargate allows the stablecoin to scale from one base network to new ones, made possible through integration with LayerZero. According to the press release, the PayPal USD ecosystem could eventually expand to more than 140 blockchains supported by LayerZero.
LayerZero Labs Co-Founder Bryan Pellegrino noted that stablecoins are becoming a key instrument of the crypto industry, and PYUSD0 paves the way toward a borderless, real-time global financial system. He was joined by David Weber, Head of Ecosystem at PayPal USD, who emphasized that solutions like this form the foundation for a seamless and interoperable financial infrastructure essential for both users and developers.
Max Krupyshev, CEO of CoinsPaid, previously noted that stablecoins are evolving into a universal, global-scale payment instrument thanks to their ability to meet both business and consumer demand for financial services access.
In July 2025, PayPal introduced its Pay with Crypto solution, allowing U.S. merchants to accept payments in over 100 cryptocurrencies with conversion into fiat or the PYUSD stablecoin. More recently, the company announced crypto integration into P2P transfers and the launch of its PayPal Links service for personal one-time payment links.
