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, Go to Source to See Full Article
Author: André Beganski

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