Acquista cryptoMercatiSpotFuturesGOLDEarnCentro eventi
Altro
Gold vs Crypto
PayPal (PYPL) extends PYUSD stablecoin to 70 countries, enabling faster settlements and cross-border payments. Market cap reaches $4.1B with 4% yields. The postPayPal (PYPL) extends PYUSD stablecoin to 70 countries, enabling faster settlements and cross-border payments. Market cap reaches $4.1B with 4% yields. The post

PayPal (PYPL) Launches PYUSD Stablecoin in 68 Additional Markets Worldwide

Autore: Blockonomi
Fonte: Blockonomi
2026/03/17 21:54
3 min di lettura
4
4$0.007599-3.83%
CAP
CAP$0.09537-0.89%
CROSS
CROSS$0.06844-1.61%
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.

Key Highlights

  • PayPal’s PYUSD stablecoin now reaches users in 70 countries worldwide, a significant jump from its initial US and UK availability.
  • The expansion encompasses regions across Africa, Latin America, South America, Asia-Pacific, and Europe.
  • Business owners can receive payment settlements in minutes instead of the traditional multi-day waiting period.
  • The stablecoin’s total market capitalization has surged to approximately $4.1 billion from less than $1 billion twelve months ago.
  • American users benefit from roughly 4% annual returns on PYUSD holdings, with this feature rolling out internationally.

On March 17, PayPal revealed plans to broaden availability of PYUSD, its U.S. dollar-backed stablecoin, to consumers in 70 countries around the globe. Previously, the digital currency was exclusively accessible to residents of the United States and United Kingdom.


PYPL Stock Card
PayPal Holdings, Inc., PYPL

This expansion introduces 68 additional nations across Africa, Latin America, South America, and the Asia-Pacific region. Nations such as Singapore, Peru, and Guatemala are now included, with additional territories expected to join in subsequent weeks.

Residents in these newly eligible territories can store, send, and receive PYUSD within their PayPal accounts. Additionally, they have the option to move tokens to third-party cryptocurrency wallets or exchange them for their local currency during withdrawal.

This development eliminates a prior constraint that required users in numerous countries to immediately convert funds to their national currency or withdraw directly to bank accounts. In countries like Malawi, PayPal transactions previously mandated immediate bank transfers.

May Zabaneh, who serves as PayPal’s senior vice president overseeing cryptocurrency operations, characterized the expansion as an initiative to address “cross-border transfers and volume, where the pain is felt so high.”

PYUSD debuted in August 2023 through a collaboration with Paxos Trust Company. The stablecoin maintains 1:1 backing through U.S. dollar reserves, short-duration Treasury securities, and cash equivalents, all under U.S. regulatory supervision.

Accelerated Payment Processing for Businesses

A major advantage for commercial entities involves settlement velocity. Businesses that accept PYUSD payments can now receive their funds within minutes, contrasting sharply with the multiple days typically needed using conventional payment infrastructure.

This expedited processing timeline could significantly improve liquidity management for merchants engaged in high-transaction-volume or international commerce. According to PayPal, the token reduces expenses and eliminates multiple intermediaries traditionally involved in cross-border transactions.

The yield-generating feature is also expanding internationally. American account holders currently receive approximately 4% annual interest on PYUSD holdings, transforming dormant wallet funds into interest-bearing assets.

PYUSD’s Position Among Competing Stablecoins

PYUSD’s total market capitalization has reached roughly $4.1 billion, representing substantial growth from its sub-$1 billion valuation one year earlier. Despite this progress, it remains significantly behind industry frontrunners.

Tether’s USDT commands the market with approximately $143 billion in market capitalization. Circle Internet’s USDC follows with roughly $78 billion.

The stablecoin has diversified beyond its initial Ethereum foundation to include Solana, Arbitrum, and Stellar networks, with additional interoperability features extending its operational scope.

PayPal has yet to release a comprehensive catalog of newly supported nations. The phased rollout is anticipated to become visible within the application for qualified users throughout the upcoming weeks.

The post PayPal (PYPL) Launches PYUSD Stablecoin in 68 Additional Markets Worldwide appeared first on Blockonomi.

Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.

Potrebbe anche piacerti

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Condividi
BitcoinEthereumNews2025/09/18 00:09
The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

PANews reported on September 18th, according to the Securities Times, that at 2:00 AM Beijing time on September 18th, the Federal Reserve announced a 25 basis point interest rate cut, lowering the federal funds rate from 4.25%-4.50% to 4.00%-4.25%, in line with market expectations. The Fed's interest rate announcement triggered a sharp market reaction, with the three major US stock indices rising briefly before quickly plunging. The US dollar index plummeted, briefly hitting a new low since 2025, before rebounding sharply, turning a decline into an upward trend. The sharp market volatility was closely tied to the subsequent monetary policy press conference held by Federal Reserve Chairman Powell. He stated that the 50 basis point rate cut lacked broad support and that there was no need for a swift adjustment. Today's move could be viewed as a risk-management cut, suggesting the Fed will not enter a sustained cycle of rate cuts. Powell reiterated the Fed's unwavering commitment to maintaining its independence. Market participants are currently unaware of the risks to the Fed's independence. The latest published interest rate dot plot shows that the median expectation of Fed officials is to cut interest rates twice more this year (by 25 basis points each), one more than predicted in June this year. At the same time, Fed officials expect that after three rate cuts this year, there will be another 25 basis point cut in 2026 and 2027.
Condividi
PANews2025/09/18 06:54
Solana Sees $10M Capital Rotation, Eyes $100 Breakout

Solana Sees $10M Capital Rotation, Eyes $100 Breakout

The post Solana Sees $10M Capital Rotation, Eyes $100 Breakout appeared on BitcoinEthereumNews.com. Capital rotation into Solana accelerated this week as traders
Condividi
BitcoinEthereumNews2026/03/18 00:18