Back
TRON Integrates PayPal USD Stablecoin via LayerZero’s Omnichain Standard

TRON Integrates PayPal USD Stablecoin via LayerZero’s Omnichain Standard

PayPal’s PYUSD stablecoin, issued by Paxos, is expanding to Tron, Avalanche, Sei, and other networks using LayerZero’s Stargate Hydra, reinforcing its role in cross-chain stablecoin adoption.

ETH
SOL
AVAX

Fact Check
The evidence strongly supports the statement. Specifically, The Block and CryptoSlate report directly that PayPal USD (PYUSD) has expanded its availability to the TRON network and that this integration was accomplished via LayerZero's protocol.
    Reference: 123
Summary

PayPal announced that its stablecoin PYUSD, launched on Ethereum and issued by Paxos, is expanding to multiple blockchains including Tron, Avalanche, and Sei through LayerZero’s Stargate Hydra cross-chain bridge. The rollout follows earlier extensions to Solana, Arbitrum, and Stellar. Additionally, PayPal introduced a new 'PYUSD0' permissionless version that will be deployed on Abstract, Aptos, Avalanche, Ink, Sei, Stable, and Tron. Existing cross-chain deployments on Berachain and Flow will be upgraded to the PYUSD0 standard, ensuring broader interoperability and liquidity.

Terms & Concepts
  • Stablecoin: A cryptocurrency pegged to a stable asset, such as the US dollar, designed to minimize price volatility.
  • Stargate Hydra: An interoperability framework leveraging a hub-and-spoke model to extend assets across blockchains, now integrated into LayerZero’s architecture.
  • PYUSD0: A permissionless version of PayPal’s stablecoin deployed across multiple blockchains to enhance cross-chain interoperability and liquidity.