Haciyev Reşit 
Payment giant PayPal has announced a significant expansion for its stablecoin, PayPal USD (PYUSD). According to the company, PYUSD will now be available on seven additional altcoin networks. This move not only expands the stablecoin’s ecosystem but also significantly increases its use cases.
Expanding to 7 New Networks via LayerZero Integration
PYUSD’s multi-chain journey is made possible through LayerZero’s Stargate Hydra bridge. With this new integration, the PYUSD version called PYUSD0 will be available on the following networks:
- Abstract
- Aptos
- Avalanche
- Ink
- Sei
- Stable
- Tron
Additionally, PYUSD’s existing bridged versions on Berachain (BYUSD) and Flow (USDF) will also be upgraded to the PYUSD0 standard.
What is PayPal USD (PYUSD)?
PayPal USD (PYUSD) is an innovative stablecoin designed to revolutionize digital payments. The token allows users to conduct transactions without being affected by price volatility.
- Developed and backed by PayPal
- Pegged 1:1 to the US Dollar
- Provides fast, secure, and low-cost digital transactions
1:1 USD Backing Across All Networks
According to LayerZero, PYUSD0 is fully fungible and fully compatible with the original PYUSD. Whether users hold PYUSD on Ethereum or PYUSD0 on LayerZero-supported networks, the token is always backed 1:1 by USD.
PYUSD was initially launched on Ethereum, later integrated with Solana and Arbitrum, and subsequently expanded to Stellar. This new announcement marks its entry into a much wider multichain ecosystem.
Solving Fragmented Liquidity with the OFT Standard
This expansion is built on LayerZero’s Omnichain Fungible Token (OFT) standard, announced last year. The OFT standard allows stablecoins and other tokens to move seamlessly and securely across different blockchains without fragmented liquidity.
Normally, when stablecoins are distributed across multiple networks, liquidity is split, forcing users to rely on centralized exchanges. The OFT standard eliminates this problem.
Advantages of OFT for PYUSD:
- Seamless cross-chain transfers: Users can move PYUSD between blockchains without centralized platforms.
- Increased liquidity: Expanding PYUSD to multiple networks enables more transactions in DeFi protocols and decentralized exchanges.
As a result, PYUSD becomes a directly transferable stablecoin across popular chains like Ethereum, Solana, and Tron without requiring bridged versions.
Strategic Importance for PayPal
This move positions PayPal’s stablecoin not only for payment solutions but also as a liquidity-providing asset in DeFi protocols, multichain financial applications, and the broader crypto ecosystem. Experts believe this expansion could accelerate global adoption of PYUSD.
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