PayPal continues to expand its PYUSD stablecoin by integrating it into the Arbitrum network. This change aims to enhance its functionality and participation in decentralized finance (DeFi).
PYUSD Expansion on Arbitrum
PayPal has added its PYUSD stablecoin to the Arbitrum network as of July 2025. This decision allows the stablecoin to leverage Ethereum's Layer 2 features to improve transaction speed and efficiency.
Benefits of Integration
The integration of PYUSD into Arbitrum signifies improved utility across Ethereum Layer 2 networks and could significantly alter stablecoin adoption strategies in the cryptocurrency market. 'PYUSD was designed as a stable instrument that would bridge the gap between digital and fiat currencies,' said Dan Schulman, CEO of PayPal.
Future of DeFi with PYUSD
With PYUSD now on Arbitrum, impacts include increased DeFi protocol liquidity and transaction efficiency. These changes directly involve the token economies of Ethereum and Arbitrum.
The integration of PYUSD into Arbitrum could accelerate the development of decentralized finance and promote broader acceptance of stablecoins, becoming an important aspect in changing financial dynamics.