365Crypto
Expanding PYUSD Payments
PayPal is ramping up efforts to integrate its PYUSD stablecoin—a digital currency pegged to the U.S. dollar—into its payment ecosystem. The company plans to make PYUSD a payment option for merchants, enabling them to pay vendors through PayPal’s bill-pay service.
Cross-Border Transactions Without Currency Conversion
A major focus is on cross-border payments, reducing transaction friction and eliminating the need for currency conversion. PayPal recently completed its first PYUSD business transaction, marking a step toward broader adoption.
Scaling Hyperwallet and Merchant Growth
PayPal is also expanding Hyperwallet, a platform for global contractor and freelancer payments, by adding PYUSD support by mid-2025. The company aims to grow earnings by 20% by 2027 while onboarding 20 million merchants to PYUSD by the end of 2025.
Regulatory Landscape Shaping the Future
As U.S. lawmakers move toward clearer stablecoin regulations, the industry could see increased competition. PayPal’s strategy hinges on regulatory clarity to push PYUSD as a mainstream payment tool.
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