PayPal Plans to Bring PYUSD Stablecoin to Stellar Network
PayPal is preparing to expand the utility of its U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), by launching it on the Stellar blockchain network pending regulatory approval from the New York State Department of Financial Services (NYDFS). This strategic move aims to unlock broader real-world use cases by leveraging Stellar’s low-cost, ...