币界网报道:PayPal has expanded its stablecoin PayPal USD (PYUSD) to the Stellar blockchain, aiming to enhance cross-border payment efficiency. The integration allows users to transfer PYUSD between PayPal and supported external wallets, leveraging Stellar's fast transaction speeds and low costs. This move follows PYUSD's initial launch on Ethereum in August 2023. Stellar Development Foundation CEO Denelle Dixon highlighted the alignment with their mission to facilitate accessible financial services. PayPal's blockchain lead Jose Fernandez da Ponte emphasized the focus on stablecoin utility in payments and commerce. The collaboration also enables conversions between PYUSD and other assets like Circle’s USDC on Stellar. While PYUSD adoption remains modest compared to market leaders like Tether and USDC, PayPal's entry signals growing institutional interest in blockchain-based payments. The Stellar integration could boost PYUSD's use cases, particularly for remittances and international transactions.