PayPal Expands PYUSD Stablecoin Service to Arbitrum Chain

PayPal's PYUSD stablecoin will now be available on the Arbitrum network, enhancing its functionality across multiple blockchains as of July 16, 2025.

ETH

SOL

ARB

273d ago

Summary

PayPal has officially expanded its PYUSD stablecoin to the Arbitrum blockchain, as stated in its updated cryptocurrency service terms effective July 16, 2025. This addition allows users to buy, sell, and transfer PYUSD on Arbitrum, Ethereum, and Solana, potentially increasing its utility across decentralized applications. Currently, PYUSD has a market cap of approximately $844 million, according to CoinGecko.

Terms & Concepts

PYUSD: A stablecoin issued by PayPal and backed by US dollar deposits and US Treasury securities.
Arbitrum: A layer-2 scaling solution for Ethereum that enhances transaction speed and reduces costs.
Stablecoin: A type of cryptocurrency designed to maintain a stable value by pegging it to a reserve asset like the US dollar.