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PayPal Expands PYUSD Stablecoin to Arbitrum Network

Solomon M. by Solomon M.
July 16, 2025
in Altcoin News
Key Takeaways:
  • PYUSD moves to Arbitrum, enhancing liquidity.
  • Cross-chain operability boosts stablecoin’s market utility.
  • Reduced transaction costs anticipated on Arbitrum.
paypal-expands-pyusd-stablecoin-to-arbitrum-network
PayPal Expands PYUSD Stablecoin to Arbitrum Network

PayPal has extended its PYUSD stablecoin to the Arbitrum Layer 2 network, enhancing cross-chain operability. Previously available on Ethereum and Solana, this development positions PayPal within the expanding multi-chain landscape.

PYUSD’s deployment on Arbitrum suggests increased stablecoin accessibility. The broader implication is a potential rise in decentralized finance activities across Layer 2 networks, possibly affecting on-chain liquidity dynamics.

PayPal has added the PYUSD stablecoin to the Arbitrum network, a notable expansion in its blockchain strategy. With prior deployments on Ethereum and Solana, this move aligns with the firm’s focus on multi-chain utility.

“PYUSD stablecoin is available on Ethereum, Solana, and Arbitrum” – PayPal, Terms of Service Update, source

The extension involves several entities. PayPal leads the charge while Paxos remains the issuer of the stablecoin. The Arbitrum network integrates as a Layer 2 scaling solution to support PYUSD.

The market implications include potential increases in DeFi activity, driven by reduced transaction costs on Arbitrum. On-chain dynamics are expected to shift as utilization across supported chains broadens.

Economical impacts may manifest as liquidity influxes and increased adoption of Arbitrum-based protocols. The broader ecosystem may observe a rise in governance token demand due to added utility.

Historical precedent highlights Layer 2 deployments’ tendency to enhance Total Value Locked (TVL). Market players predict similar outcomes here due to enhanced transaction efficiency.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

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