In brief
- LayerZero extended PYUSD’s presence to nine additional blockchains.
- PYUSD0 tokens represent a bridged version of PayPal’s stablecoin.
- The stablecoin had a market capitalization of $1.3 billion on Thursday.
PayPal’s PYUSD stablecoin expanded to nine new blockchains on Thursday after LayerZero, an interoperability protocol, unveiled additional support for the token in a blog post.
The stablecoin, which was introduced two years ago, can now be used on Abstract, Aptos, Avalanche, Ink,
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Author: André Beganski
