PayPal USD Expands to TRON Network with PYUSD0 Stablecoin
PayPal USD is making its way onto the TRON network through Stargate Hydra, where it will be introduced as a permissionless token known as PYUSD0. This new version of the stablecoin is based on LayerZero’s Omnichain Fungible Token (OFT) standard, allowing digital assets to move seamlessly across different blockchains. The primary objective behind this move is to enhance accessibility to PayPal USD in markets where stablecoins are in high demand, catering to users who wish to hold or transact with them.
Stablecoins play a vital role in bridging the gap between traditional finance and the world of cryptocurrency. Unlike many other digital assets, stablecoins are pegged to established currencies, usually the US dollar, and are utilized for various purposes such as payments, remittances, or as a secure store of value amidst market fluctuations. TRON’s founder, Justin Sun, emphasized that this launch aims to broaden access to stablecoins.
Justin Sun stated, “Stablecoins are a clear example of real-world adoption within the cryptocurrency space, facilitating a wide range of transactions from payments to remittances. The introduction of PYUSD0 on TRON provides users and institutions with increased accessibility, underscoring our commitment to supporting assets that foster trust, efficiency, and broader access to the digital economy.”
Bryan Pellegrino, the Co-Founder and CEO of LayerZero Labs, highlighted the significance of interoperability in enhancing the utility of stablecoins. He commented, “The US dollar serves as the cornerstone of finance, and stablecoins represent the killer app in the cryptocurrency ecosystem. With PYUSD0, PayPal USD extends its reach and flexibility to seamlessly function across current and future networks. Launches like this signify the dawn of a global financial market that transcends borders and operates round the clock.”
The integration of PayPal USD onto the TRON network follows LayerZero’s acquisition of Stargate, a project that introduced the Hydra model for extending assets from a central blockchain to spoke blockchains. With Stargate now integrated into LayerZero, the Hydra framework can be directly applied to stablecoins like PYUSD.
Users will not be required to take any action – whether holding PYUSD or PYUSD0, both tokens will function as the same PayPal USD token, being fungible and interchangeable within supported blockchains.
For TRON, the expansion by PayPal reinforces its ambition to become a pivotal settlement layer in digital finance. Since its mainnet launch in 2018, TRON has processed over $21 trillion in transfers and amassed more than 332 million user accounts. The network consistently handles around 9 million transactions daily, with over $28 billion locked in its ecosystem. In the first two quarters of 2025, TRON generated nearly $1 billion in protocol revenue, marking its highest levels to date.
This integration mirrors a broader trend in finance, where established payment systems, interoperability frameworks, and large-scale blockchain networks converge. By combining PayPal’s reach in digital payments, LayerZero’s cross-chain architecture, and TRON’s global activity, the initiative propels towards financial systems that are transparent, secure, and accessible on a global scale.
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Tags: cryptocurrency, decentralised finance, tokenisation
Original Source: Blockchain Technology News