- PayPal plans to launch its stablecoin PYUSD on the Stellar network, pending regulatory approval.
- This move aims to expand access to payments, remittances, and financial services globally.
PayPal has confirmed a major update in its stablecoin journey. The company plans to launch its stablecoin, PYUSD, on the Stellar network, pending approval from the New York State Department of Financial Services (NYDFS).
Why PayPal Chose Stellar for PYUSD
Stellar is known for fast, low-cost transactions. It offers a reliable infrastructure for cross-border payments and remittances. By expanding to Stellar, PYUSD will reach more users and developers around the world.
This move follows PYUSD’s current availability on Ethereum and solana. Stellar will add new layers of accessibility, including on- and off-ramps, local payment systems, and wallet integration.
PayPal CEO Highlights Broader Access
PayPal CEO Alex Chriss shared the news with enthusiasm.
He said, “PYUSD is coming to Stellar, reaching a broader group of developers and unlocking new opportunities for the stablecoin.”
PYUSD is coming to @StellarOrg, reaching a broader group of developers and unlocking new opportunities for the stablecoin. More blockchains, greater access – and we’re not stopping now. pic.twitter.com/DDfpb9JBzM
— Alex Chriss (@acce) June 11, 2025
This expansion supports PayPal’s goal to make crypto payments easier and faster for millions of users and merchants.
Stronger Real-World Use for Stablecoins
With Stellar’s network, users can expect better access to real-world use cases. These include everyday payments, digital finance tools, and remittance services. The move also supports PayPal’s broader plan to build reliable “PayFi” solutions—merging traditional and decentralized finance.
PayPal also strengthened its partnership with Coinbase earlier this year. That step helped increase the adoption and distribution of PYUSD in the crypto market.
Stellar Network: A Trusted Partner
The Stellar Development Foundation (SDF) continues to push blockchain adoption. Its partnership with MoneyGram has already processed $30 million in transactions. Adding PYUSD to Stellar builds on this momentum and creates more opportunities for users worldwide.
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