PayPal’s stablecoin, PayPal USD (PYUSD), is entering a new phase of expansion as it extends its presence across multiple blockchain ecosystems. The company announced that the token, issued by Paxos Trust Company, will now be available on Tron, Avalanche, Sei, and several additional networks through integration with LayerZero’s Stargate Hydra bridge. This rollout introduces a permissionless version of the stablecoin, called PYUSD0, to seven chains including Abstract, Aptos, Avalanche, Ink, Sei, Stable, and Tron. Existing bridged versions on Berachain and Flow will also migrate to the PYUSD0 framework.
Expanding blockchain interoperability
Originally launched in 2023 on Ethereum, PYUSD has gradually extended to Solana, Arbitrum, and now Stellar. LayerZero explained that PYUSD0 is fully fungible with the native token, meaning users holding it on supported chains can redeem it 1:1 for U.S. dollars. The initiative builds upon an earlier integration in late 2024, when PYUSD adopted LayerZero’s omnichain fungible token standard to facilitate transfers between Ethereum and Solana. At that time, the approach was positioned as a way to eliminate liquidity fragmentation and provide seamless movement across networks without reliance on centralized intermediaries such as PayPal or Venmo.
The stablecoin currently has a circulating supply of 1.9 billion, a figure that remains modest compared to market leaders Tether’s USDT and Circle’s USDC. Still, the expansion into multiple blockchains strengthens its accessibility and provides flexibility for developers and users engaging in decentralized finance.
PayPal’s innovation pipeline
PayPal has continued to introduce complementary innovations around its payments ecosystem. Earlier in the week, the company unveiled PayPal Links, a peer-to-peer payments feature allowing users to send and receive funds using personalized links. Crypto support is expected to follow, covering assets like bitcoin, ether, and PYUSD across PayPal, Venmo, and external wallets.
We continue to expand distribution of PYUSD and are excited for the opportunities with @StellarOrg! https://t.co/t2h39jPDCJ
— PayPal (@PayPal) September 18, 2025
In parallel, executives from PayPal emphasized that the blockchain expansion was designed to broaden access while ensuring compliance and interoperability from the outset. Industry observers noted that the move helps position PYUSD within the growing omnichain landscape, where other tokens such as USDT0—an omnichain variant of Tether—have also been developed using LayerZero’s technology.
Strategic partnership with Google
Beyond its blockchain initiatives, PayPal has also entered a multiyear strategic alliance with Google aimed at reshaping global commerce. The collaboration brings together PayPal’s payments infrastructure with Google’s AI capabilities to deliver more personalized, seamless, and secure digital transactions.
.@Google + PayPal = a new collaboration advancing commerce solutions.
We’re proud to collaborate with Google to bring PayPal’s products and services to billions of Google users and redefine what’s possible at global scale. From Agentic Commerce to PayPal’s checkout solutions,… pic.twitter.com/mV4gBRYXPz
— PayPal (@PayPal) September 17, 2025
The companies highlighted several areas of focus, including embedding PayPal’s branded checkout, Hyperwallet, and payout solutions across Google’s ecosystem, while also designating PayPal Enterprise Payments as a key processor for card transactions on services such as Google Cloud, Google Ads, and Google Play.
PayPal will also collaborate with Google Cloud to overhaul its technology foundation, enabling the next generation of commerce and payments platforms. Industry experts suggested that this combination of payment expertise and artificial intelligence could accelerate the adoption of agentic commerce—AI-driven shopping and transaction experiences that rely on personalization and automation.
Shaping the future of digital finance
The integration of PYUSD across additional blockchains and the strategic partnership with Google illustrate PayPal’s dual focus on expanding digital asset accessibility while strengthening its role in mainstream commerce. By aligning blockchain innovation with artificial intelligence-driven commerce, PayPal aims to position itself at the forefront of a rapidly evolving financial ecosystem.
These moves not only extend the reach of PYUSD but also demonstrate how collaborations with global technology leaders could redefine how consumers and merchants engage in cross-border payments, peer-to-peer transfers, and digital marketplaces in the years ahead.