PayPal Stablecoin Goes Permissionless Across Nine Blockchains, Drives Attention to Best Wallet
PositiveCryptocurrency

PayPal is making waves in the cryptocurrency world by launching a permissionless version of its $PYUSD stablecoin across nine blockchains, including Tron and Avalanche. This move, facilitated by the Stargate bridge service, highlights PayPal's commitment to expanding crypto adoption. With LayerZero's recent acquisition of Stargate and its innovative Hydra model, this expansion not only enhances the accessibility of $PYUSD but also signals a growing trend towards decentralized finance. This is significant as it could attract more users to the crypto space and encourage further innovation.
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