PayPal Expands PYUSD Stablecoin Globally as Supply Tops $4 Billion

In brief

• PayPal is expanding its stablecoin PYUSD to 70 global markets for faster, cheaper cross-border payments.
• Users can buy, hold, send, and convert PYUSD; businesses get near-instant fund access.
• PYUSD ranks 7th among stablecoins at a more than $4 billion market cap.