PayPal USD Stablecoin (PYUSD) Launches on Aptos

ChainCatcher news, PayPal's USD stablecoin (PYUSD) has been extended to Aptos via LayerZero and Stargate Hydra, and launched in the form of PYUSD0. Aptos is the only Move public chain supported by PYUSD0 this time. Currently, the stablecoin scale on Aptos has exceeded 1.2 billion USD and supports 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 dollar stablecoin entry. As a high-speed, low-latency next-generation blockchain, Aptos's inclusion provides a solid foundation for the global expansion of PYUSD, further promoting the adoption of digital dollars in Web3 financial infrastructure.