PayPal's native stablecoin PYUSD is about to launch on Sei.

CN
9 hours ago

Cross-chain support provided by LayerZero, PayPal's native stablecoin PYUSD0 is set to launch on Sei.

As the native stablecoin of the world's largest digital payment platform, PYUSD0 signifies a deep connection between everyday payments and on-chain finance. This move resonates with the wave of giants like Visa, Stripe, and Circle promoting the adoption of stablecoins. PayPal has 434 million active users, and the locked value of PYUSD0 has exceeded $1.2 billion, making it one of the most trusted and integrated stablecoins currently available.

With LayerZero's cross-chain technology, PYUSD0 will seamlessly connect to Sei, bringing PayPal's native stablecoin to the preferred settlement network of global finance.

From Payments to On-chain Finance

Unlike other stablecoins, PYUSD0 is not just a crypto-native tool; it is directly embedded in PayPal's global payment network, supporting merchant payments, peer-to-peer transfers, and cross-border payments. This means the value of the stablecoin is no longer limited to on-chain but is integrated into the daily transactions of the world's largest digital commerce platform.

After settling on Sei, PYUSD0 will achieve sub-second finality, institutional-level throughput, and composability in DeFi and capital markets.

Cross-chain Settlement, Powered by LayerZero

To meet the demands of the global economy, PYUSD0 is built on LayerZero's decentralized messaging protocol, allowing seamless circulation across multiple networks and avoiding asset fragmentation. This makes PYUSD0 not just a payment tool but a universal asset supporting applications, chains, and markets, echoing the on-chain asset layouts promoted by institutions like BlackRock, Franklin Templeton, and JPMorgan.

Sei: The Global Settlement Network

Sei is designed for large-scale financial settlements, integrating sub-second confirmations, low fees, and institutional-level throughput, aiming to become the foundational layer for stablecoins, global payments, and capital markets.

Combining PayPal's user reach, LayerZero's interoperability, and Sei's high performance, the launch of PYUSD0 on Sei allows mainstream payments and on-chain markets to merge more deeply—global users will be able to enjoy the stability of PayPal while completing transactions at the fastest Layer1 speeds.

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