PayPal Expands PYUSD Stablecoin to Tron, Avalanche, and 6 More Blockchains

PayPal has widened the reach of its PYUSD stablecoin, rolling it out across eight additional blockchains in its latest push for adoption.

The expansion introduces a permissionless version of PYUSD, called PYUSD0, which will operate across Tron, Avalanche, Aptos, Abstract, Ink, Sei, and Stable. Existing stablecoin versions on Berachain and Flow will also migrate to PYUSD0, ensuring full interoperability. In a separate update, PayPal confirmed PYUSD is now available on Stellar as well.

The rollout is powered by LayerZero’s Stargate Hydra bridge, which will serve as the main hub for cross-chain transfers, while LayerZero’s infrastructure will handle minting and burning. This builds on PayPal’s existing support for Ethereum, Solana, and Arbitrum, making PYUSD one of the most widely connected stablecoins in the market.

Despite these advancements, PYUSD remains far behind dominant players like Tether (USDT) and USD Coin (USDC), which run across 12 and 25 blockchains respectively and command market caps in the hundreds of billions. Currently, PYUSD ranks 11th among stablecoins with a market cap of around $1.3 billion.

Stablecoins have become a cornerstone of the crypto economy, with U.S. Treasury forecasts projecting the sector to grow from its current $295 billion size to over $2 trillion by 2028. PayPal’s continued integrations signal a strong bet on that trend, aiming to position PYUSD as a competitive option for global users seeking low-cost, borderless transactions.