PANews
PANews|Sep 22, 2025 13:10
[PayPal Invests in Stable, an L1 Blockchain Network Focused on Stablecoins, to Expand PYUSD Issuance, Utility, and Liquidity] According to PR Newswire, the Layer 1 blockchain network Stable, powered by USDT, announced that users will be able to conduct commercial and financial transactions using PayPal-issued stablecoin PYUSD on the Stable chain. Additionally, PayPal's global venture capital arm, PayPal Ventures, participated in Stable's latest funding round. Stable is integrating PYUSD into the Stable chain and will leverage LayerZero's recently implemented integration to enable cross-chain interoperability programmatically. Stable will also explore providing cross-chain compatibility and on/off-ramp functionality for PYUSD, unlocking new use cases for the stablecoin across different blockchain ecosystems. Stable and PayPal have also agreed to explore potential new product developments around payments and stablecoin utility in the coming months.
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