PayPal has expanded its stablecoin PYUSD to the Stellar blockchain, enhancing its capabilities for cross-border remittances and payment financing. Previously available on Ethereum and Solana, PYUSD's integration with Stellar aims to provide small and medium-sized enterprises with real-time working capital solutions, addressing challenges such as delayed accounts receivable and pre-financing needs. This move is expected to streamline international transactions and improve liquidity for businesses.
PayPal Launches PYUSD Stablecoin on Stellar for Cross-Border Payments
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