Payment firm Paypal’s (PYPL) US Dollar Stablecoin was introduced to nine more blockchains by Interoperability Protocol Layerzero .
Layerzero Includes PayPal USD .
The transfer makes the token available on abstract, aptos, avalanche, ink, sei, stable, and tron, while the existing versions released by the community in berachain and flow automatically convert.
Paypal launched its pyusd in 2023 as one of the first major paid supported by Stablecoins. With Layerzero’s expansion, the token aims to reach new markets faster and provide a dollar pegged stablecoin within the crypto economy.
Currently, the pyusd has a supply of $ 1.3 billion, from around $ 520 million at the beginning of this year, Rwa.xyz data Shut up.
Read more: Adding PayPal to crypto to peer-to-peer payments, allowing BTC’s direct transfer, eth, other
