PayPal Expands PYUSD Wallet Access to 70 Markets
According to PayPal, PYUSD is now available in 70 markets as the company targets faster cross-border payments, lower transaction costs and improved liquidity for businesses.
PYUSD
Fact Check
The claim is directly supported by an exclusive interview with a PayPal executive (May Zabaneh) published in Fortune on March 17, 2026. The specific details regarding the number of countries (68 new, 70 total) and the specific examples (Uganda, Colombia, Peru) are all confirmed by the primary news source.
Summary
PayPal said it expanded availability of its U.S. dollar-backed stablecoin, PYUSD, to 70 markets worldwide. The company said the move is designed to speed up cross-border payments, reduce costs and improve business liquidity. The announcement was made on the 17th, building on PYUSD’s initial U.S. launch in 2023. In the broader rollout, PayPal has said users in supported markets can access PYUSD for payments and transfers, while merchants may receive settlement proceeds within minutes instead of waiting through traditional multi-day settlement cycles.
Terms & Concepts
- PYUSD: PayPal’s U.S. dollar-backed stablecoin, designed for digital payments, transfers and related crypto transactions.
- Stablecoin: A digital token intended to maintain a stable value, usually by being backed by fiat currency or reserve assets.