The stablecoin PayPal USD (PYUSD) is live on the Stellar network. By deploying on the Stellar network, PYUSD’s reach will extend into additional wallets and platforms like Bitcoin.com, Chipper Cash, Decaf, Arculus, Meru, CiNKO, COCA, Lobstr, and more, offering users a trusted stablecoin option for seamless digital payments.“Expanding PYUSD to the Stellar network is an exciting step toward making stable, trusted digital dollars more accessible and useful worldwide. At Bitcoin.com, our mission is to give people the tools to engage with crypto simply and securely — whether for savings, payments, or everyday transactions. By supporting PYUSD on Stellar, we’re enabling our millions of users to enjoy fast, low-cost transfers while strengthening the role of stablecoins in real-world payments,” said Corbin Fraser, CEO of Bitcoin.com.
PYUSD on Stellar helps businesses by delivering near-immediate settlement and reducing friction in everyday transactions while giving smaller businesses additional access to PayFi solutions. Small and medium-sized businesses that often deal with delayed payments or upfront costs will be able to tap into real-time working capital issued in PYUSD. That funding can go toward paying suppliers, stocking inventory, or handling other operational needs with near-instant settlement on Stellar. Liquidity providers can participate by backing these opportunities and earning potential returns linked to real economic activity. Fully backed 1:1 with USD deposits, US treasuries, and similar cash equivalents and regulated by the New York State Department of Financial Services (NYDFS), PYUSD further adds to making the sending, receiving and managing payments on the Stellar network simple and reliable.
“PayPal continues to be at the forefront of payments meeting our customers where they are – online, offline, and now onchain. Expanding PYUSD to Stellar broadens access to PYUSD and opens up new use cases and opportunities for seamless transactions for customers,” said May Zabaneh, Vice President of Crypto, PayPal. With nearly 10M accounts and 20B+ total operations to date, Stellar is a proven network for innovation and payments. Open-source SDKs and Soroban smart contracts allow developers to integrate PYUSD into financial applications, programmable payment solutions and enterprise-grade platforms – unlocking opportunities that extend beyond everyday transactions. Since PYUSD is built on the Stellar Asset Contract (SAC), it is natively compatible withStellar smart contract protocols, making integration simple for builders and businesses.
“Having a global leader like PayPal bring PYUSD to the Stellar network is a major step forward in how stablecoins can power real-world payments. Stellar was built for payments and having PayPal’s PYUSD now live on the network means new opportunities for businesses to move money faster and more efficiently, while consumers gain a trusted new option for day-to-day transactions. This is an exciting milestone for the Stellar ecosystem and one that sets the stage for broader adoption and innovation.” said Denelle Dixon, CEO and Executive Director at Stellar Development Foundation.
Available through PayPal, Venmo and now across the Stellar ecosystem – this is how to transform everyday payments.