PayPal Brings PYUSD0 to 9 Blockchains via LayerZero

PayPal has expanded its dollar-pegged stablecoin PYUSD by launching PYUSD0 on nine new blockchains via LayerZero’s permissionless Stargate Hydra protocol. The upgrade ensures PYUSD0 remains fully interchangeable with the original token, enabling seamless cross-chain transfers on Abstract, Aptos (APT), Avalanche (AVAX), Ink, Sei (SEI), Stable, and Tron (TRX). Existing bridges on Berachain (BYUSD) and Flow (USDF) have also been upgraded. Under LayerZero’s infrastructure, developers can integrate PYUSD0 quickly into DeFi applications, while users gain access to liquidity across 140+ chains. This interoperability move aims to boost stablecoin liquidity, broaden market reach, and enhance DeFi adoption.
Bullish
The launch of PYUSD0 across nine additional blockchains via LayerZero’s Stargate Hydra protocol is a bullish development for the token. Short term, increased accessibility on multiple chains is likely to drive higher trading volume and liquidity, as users seek newly available PYUSD0 markets. Historically, stablecoins that achieve broad cross-chain interoperability benefit from greater adoption and stability. Long term, this move strengthens PYUSD0’s position in DeFi, enhances network effects, and signals robust market demand, supporting price stability and potential upward pressure on PYUSD0 value.