PayPal USD Stablecoin PYUSD0 Launches on Aptos

ChainCatcher news, PayPal's dollar stablecoin has been expanded to Aptos through LayerZero and Stargate Hydra, launching in the form of PYUSD0. Aptos is the only Move public chain supported by PYUSD0 this time. Currently, the stablecoin scale on Aptos has surpassed 1.2 billion dollars, supporting three major global stablecoins: native USDC, USDT, and USDe.

The arrival of PYUSD further consolidates Aptos's core position in stablecoin innovation and application. With the cross-chain infrastructure of LayerZero and the Stargate interface, PYUSD0 maintains full composability and interoperability on Aptos, providing developers and users with a more efficient and seamless payment and settlement experience. Whether in DeFi applications, payment scenarios, or asset management, the Aptos ecosystem will gain a new entry point for dollar stability.

As a next-generation blockchain with high speed and low latency, Aptos's inclusion provides a solid foundation for the global expansion of PYUSD, further promoting the adoption of digital dollars in Web3 financial infrastructure.