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News Explorer — PayPal's PYUSD Stablecoin Widens Its Blockchain Reach Through LayerZero's Stargate Bridge, Competing With Tether and Circle

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Sep 18, 8:05 pm
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PayPal's PYUSD Stablecoin Widens Its Blockchain Reach Through LayerZero's Stargate Bridge, Competing With Tether and Circle

LayerZero's Stargate bridge facilitated the expansion of PayPal's PYUSD stablecoin to nine additional blockchains, including Abstract, Aptos, and Tron. Despite facing competition from established stablecoin issuers like Tether and Circle, PYUSD has gained traction among corporate users.

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