PayPal’s stablecoin connects multiple blockchains, transforming international payment systems

PayPal has extended its proprietary stablecoin, PYUSD0, onto the

and blockchains, utilizing cross-chain interoperability solutions provided by . This initiative is part of PayPal’s ongoing efforts to boost the versatility of its stablecoin, allowing it to operate seamlessly within various blockchain environments. The integration is made possible through LayerZero’s Omnichain Fungible Token (OFT) protocol and Stargate’s Hydra framework, enabling users to move assets between blockchains effortlessly and automatically. Now, PYUSD0 can be used interchangeably and is compatible with the existing USD tokens, letting users transact across blockchains with equal value and assurance.

Adding support for the Sei network represents a significant advancement for PYUSD0, with the Sei Development Foundation emphasizing its use as a prime settlement network for international financial transactions. Sei is recognized for delivering sub-second transaction finality, minimal fees, and high throughput suitable for institutional applications, all expected to further strengthen PYUSD0’s scalability and efficiency. Jack Lipstone, Business Development Director at Sei Development Foundation, remarked that this move comes after record stablecoin use on the Sei network, establishing Sei as a prominent hub for stablecoin activity.

PYUSD0 has experienced notable growth since its introduction, reaching a market cap of $1.3 billion by September 2025. According to a recent EY-Parthenon report, this positions PYUSD0 among the most utilized stablecoins by enterprise users, with 36% of survey participants reporting adoption. Although it still ranks behind dominant players like

and , the swift uptake of PYUSD0 highlights its increasing significance within digital payments and decentralized finance (DeFi) networks.

Expanding to TRON—renowned for its vast community and substantial transaction volume—broadens PYUSD0’s accessibility even further. TRON currently supports over 332 million accounts, handles about 9 million transactions daily, and maintains over $28 billion in total value locked (TVL) across its ecosystem. Justin Sun, TRON’s founder, stated this partnership underscores the network’s dedication to fostering assets that promote transparency, efficiency, and inclusion in the digital economy.

LayerZero has played a crucial part in these advancements. Its acquisition of Stargate enabled a more efficient model for distributing assets across chains, with the Hydra framework now directly connecting PYUSD0 to various blockchains. Bryan Pellegrino, CEO of LayerZero Labs, pointed out that such innovations signal the rise of a global, borderless financial system operating continuously. The partnership between PayPal, LayerZero, and platforms like Sei and TRON illustrates a merging of conventional payment mechanisms with blockchain technology, aiming to build a more accessible and streamlined worldwide financial landscape.

Industry experts have observed that this development coincides with a wider trend in the crypto space, where leading financial institutions seek to bring tangible assets onto blockchain networks. Firms such as

, Franklin Templeton, and are also venturing into onchain finance, reflecting a move toward integrated systems that blend blockchain’s speed and openness with the dependability of traditional financial infrastructures. For end users, this translates to more reliable, rapid transactions across diverse platforms and the potential for lower costs and reduced barriers in international trade.