PayPal USD Expands Cross-Chain Capabilities with LayerZero

馃寜 PayPal Bridges Two Chains

By Stargate Finance
Nov 14, 2024, 3:37 PM
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PayPal's stablecoin PYUSD has expanded its cross-chain functionality through LayerZero integration, enabling transfers between Ethereum and Solana networks.​

Key updates:

  • Users can now transfer PYUSD between Ethereum and Solana via Stargate
  • Integration aims to provide secure and seamless cross-chain transactions
  • Builds on PayPal's earlier Solana integration from May 2024

This development marks a significant step in PayPal's blockchain strategy, making their stablecoin more accessible across multiple networks.​

Sources

PayPal USD has integrated @LayerZero_Core to move $PYUSD between Ethereum and Solana. Users can now move their $PYUSD securely, available on Stargate: tinyurl.com/PYUSDonStargate

LayerZero
LayerZero
@LayerZero_Core

馃數 PayPal USD (PYUSD) integrates LayerZero to connect across chains, enabling seamless transfers between Ethereum and Solana. By utilizing LayerZero, users who self-custody their PYUSD tokens can seamlessly transfer assets between blockchains -- without needing to rely on

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