Algorithmic Ratings & Investment Analysis
© ARIA 2025
by aria-ratings.com
July 16, 2025 at 13:22
PayPal Expands Stablecoin Presence with PYUSD Launch on Arbitrum Network
PayPal has recently announced that its stablecoin, PayPal USD (PYUSD), will now be supported on the Arbitrum network.
This addition means that PYUSD is now actively available on three blockchain platforms: Ethereum, Solana, and Arbitrum.
The information was formally included in an update to PayPal's terms of service on July 16, 2025.
Initially launched in August 2023, PYUSD is fully backed by the US dollar and other high-liquidity assets, aiming to provide stability in digital transactions.
CEO Dan Schulman emphasized the stablecoin's role in bridging digital and fiat currencies at its launch.
The recent update also details trading limits for PYUSD on the Arbitrum platform.
Paxos, the issuer of PYUSD, had previously announced plans to integrate its tokenization platform with Arbitrum, highlighting a commitment to enhancing digital finance infrastructure.
With this expansion, PayPal is positioning itself in a competitive landscape marked by increasing institutional interest in stablecoins.
The integration with Arbitrum, known for its lower fees and increased scalability, represents a significant advancement for PayPal's stablecoin strategy.
As digital finance evolves, the launch of PYUSD on Arbitrum could have lasting implications for its adoption and usability in the crypto ecosystem.
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