PayPal is accelerating efforts to integrate its stablecoin PYUSD into more of its products to streamline digital payments and reduce transaction friction for merchants worldwide.
PYUSD for Small and Medium Businesses
PayPal plans to offer PYUSD as a payment option for over 20 million small and medium-sized businesses by the end of 2025, allowing them to pay merchants through PayPal’s upcoming invoice payment product.
Advantages of PYUSD in International Transactions
The initiative is designed to simplify cross-border transactions by reducing currency conversion costs and delays. PayPal completed its first transaction using PYUSD last year. Launched in August 2023 and pegged to the US dollar, the stablecoin aims to increase payment efficiency across a variety of use cases.
Integration of PYUSD into Digital Payments
In addition to merchant payments, PayPal will integrate PYUSD into Hyperwallet, a subsidiary facilitating bulk global payments to freelancers, contractors, and vendors. The company plans to expand its digital asset payment options by enabling cryptocurrency payments by the end of 2025.
With these developments, PayPal is at the forefront of stablecoin adoption in mainstream commerce, strengthening its commitment to simplifying digital payments and promoting blockchain-based financial solutions.
