
Jakarta, Pintu News – PayPal is now expanding the use of its PYUSD stablecoin through a series of strategic partnerships across multiple DeFi platforms. By enabling a multiplatform strategy, PYUSD is now more widely accessible and has a variety of relevant real-world use cases.
PayPal has announced partnerships with Spark, LayerZero, Stellar, and Stable to expand the reach and liquidity of PYUSD. Spark, with its DeFi liquidity engine, will increase PYUSD supply by $1 billion. Spark’s automated capital placement model, backed by an $8 billion balance sheet, allows stablecoin issuers to achieve scale without relying on fragmented third-party liquidity.
The partnership has successfully raised nearly $200 million in deposits and is considered a potential model for institutional-scale stablecoin launches. PYUSD is now also available on the Stellar blockchain, enabling faster and cheaper cross-border payments.
Meanwhile, LayerZero’s cross-chain messaging infrastructure facilitates the distribution of PYUSD0-an unlicensed version of PYUSD-to various blockchains such as Aptos, Sei Network, and Tron, expanding the asset’s presence in the multichain ecosystem.
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Stablechain, following a strategic investment from PayPal Ventures, is integrating PYUSD0 into an environment optimized for payments. The initiative aims for fast and affordable transactions, reflecting PayPal’s efforts to connect stablecoin technology with global retail payment rails.
This integration not only improves transaction efficiency but also opens up new potential in the use of stablecoins in everyday payments. By combining Spark’s high-performance DeFi liquidity provisioning and permissionless distribution through LayerZero and Stablechain, PayPal transforms PYUSD into a multiplatform asset with utility embedded in public and enterprise-grade networks.
This marks the evolution of stablecoins from simply price-stable tokens to programmable infrastructure for seamless payments and finance.
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Spark’s $1 billion PYUSD placement is expected to address the long-standing liquidity gap. It aims to provide a deeper stablecoin market with reduced slippage for traders, while investors get a more predictable alternative to incentive-driven liquidity schemes.
The wider availability of PYUSD is also expected to increase adoption and trust in the use of stablecoins in financial markets. By expanding PYUSD’s presence across multiple blockchains, PayPal is not only increasing the accessibility but also the functionality of this stablecoin. This paves the way for further innovations in digital payments and decentralized finance, placing PYUSD at the forefront of digital currency evolution.
With this strategic move, PayPal not only strengthens its position in the digital payments market but also leads the transformation in the use of stablecoins. PYUSD, with its extensive infrastructure support and cross-platform integration, is poised to be a catalyst in the evolution of global digital finance.
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