PayPal USD Debuts on TRON, Boosting Cross-Chain Ecosystem

PayPal USD Debuts on TRON, Boosting Cross-Chain Ecosystem
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PayPal USD Debuts on TRON, Boosting Cross-Chain Ecosystem
Image source: CoinToday
- PayPal USD (PYUSD) now live on TRON via LayerZero's cross-chain technology. - Move aims to boost stablecoin interoperability and expand real-world use cases. On September 18, 2025, TRON DAO announced that PayPal USD (PYUSD) has expanded to the TRON blockchain, utilizing LayerZero's cross-chain technology. This initiative introduces PYUSD0, a permissionless token that enables seamless transfers across TRON and other blockchains. As a result, the collaboration between TRON, PayPal, and LayerZero aims to enhance connectivity and interoperability within the global financial ecosystem. LayerZero announced on September 18 that its Omnichain Fungible Token (OFT) Standard supports the expansion. The standard works with the Stargate Hydra model to ensure assets like PYUSD0 can transfer across different blockchain networks without losing functionality or value. Bryan Pellegrino, Co-Founder and CEO of LayerZero, emphasized the significance of stablecoins, calling them the “killer app” for crypto and highlighting the increased flexibility this integration provides to users and institutions. Justin Sun, the founder of TRON, noted the importance of stablecoins like PYUSD0 in driving cryptocurrency adoption for payments and remittances. He stated that the introduction of PYUSD0 on TRON reflects the network’s commitment to providing an effective settlement infrastructure for digital transactions. TRON currently hosts over 332 million user accounts and processes an average of 9 million transactions daily, which demonstrates its ability to support scalable and secure blockchain solutions. For end users, PYUSD and PYUSD0 function as a single, unified PayPal USD stablecoin because they are fully fungible and interoperable across different chains. The initiative eliminates the need for user-side adjustments, ensuring convenience when interacting with the underlying technology. This development aligns with TRON’s broader strategy to integrate traditional payment systems with scalable blockchains and advanced interoperability solutions. Through its partnership with PayPal and LayerZero, TRON reinforces its role in creating the next generation of global financial infrastructure that supports real-time, borderless transactions. According to CoinMarketCap on September 18, as of 17:09 UTC, PayPal USD (PYUSD) traded at $0.999, and its 24-hour trading volume decreased by 2.5%. At the same time, LayerZero (ZRO) was priced at $2.05, with its 24-hour volume increasing by a notable 6.816%, while TRON (TRX) traded at $0.35, reflecting a 2.866% change during the same period.
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Category
Market
Published
2025-09-18 17:14
NFT ID
PENDING
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