PayPal to Expand PYUSD Stablecoin to Stellar for Faster, Cheaper Global Payments

Discover top fintech news and events!

Subscribe to FinTech Weekly’s newsletter

Read by executives at JP Morgan, Coinbase, Blackrock, Klarna and more

PayPal Taps Stellar to Expand PYUSD Utility Across Global Payment Use Cases

PayPal is set to expand the reach of its PYUSD stablecoin by launching it on the Stellar blockchain network, pending approval from the New York State Department of Financial Services. Already available on Ethereum and Solana, the move signals PayPal’s push to bolster the practical use of digital dollars in everyday transactions.

Stellar’s infrastructure, known for low-cost, high-speed transactions, would give PYUSD new access points through global on- and off-ramps, digital wallets, and local payment systems. The expansion could support a range of real-world applications—from cross-border remittances to everyday commerce and micro-financing.

PayPal also plans to use the Stellar integration to enhance liquidity access for small businesses. Through a new Payment Financing model called “PayFi,” SMBs could access near-instant working capital in PYUSD to ease cash flow challenges tied to receivables and funding gaps.

The collaboration underscores the fintech sector’s focus on making stablecoins more accessible and usable, especially in areas like international payments and merchant finance.