Bitfinex-backed Stable integrates PayPal’s PYUSD stablecoin
PayPal’s strategic investment in the Bitfinex-backed Stable blockchain marks a significant milestone for PYUSD adoption. Bitfinex-backed Stable has integrated PayPal’s PYUSD stablecoin onto its blockchain. The integration aims to enhance peer-to-peer payments, remittances, and cross-border transactions. PayPal Ventures made a strategic investment to support the integration of PYUSD. This partnership represents a crucial development in stablecoin infrastructure expansion.
The collaboration focuses on expanding PYUSD’s reach across multiple blockchain networks. Stable said the integration will leverage LayerZero technology for cross-chain interoperability, making PYUSD accessible across different networks. The firm also plans to develop onramps and offramps for the stablecoin, focusing on emerging markets where dollar-backed transactions are in high demand. The integration positions PYUSD for broader global adoption.
PYUSD Integration Enhances Cross-Chain Capabilities
Stable’s integration of PYUSD into the Stablechain will use LayerZero’s recent integration to bridge blockchains programmatically. The combination of Stable’s ultra-fast network processing speeds and reduced fee structure provides for near instant finality, with economics that are beneficial for users. The Stablechain platform offers zero-fee transactions for peer-to-peer transfers.
Stable, a blockchain supported by Bitfinex, is integrating PayPal’s PYUSD to support faster and easier digital payments. The platform is designed for quick peer-to-peer transfers with no gas fees, using USDT to simplify stablecoin transactions. The integration supports PYUSD’s goal of expanding utility across different networks. Users can now access PYUSD through Stable’s fee-free infrastructure.
LayerZero Technology Powers PYUSD Expansion
With the new expansion, a permissionless version of the token known as “PYUSD0” is being introduced to seven additional chains — Abstract, Aptos, Avalanche, Ink, Sei, Stable, and Tron, LayerZero said Thursday. The PYUSD0 variant operates seamlessly across multiple blockchain environments through LayerZero’s omnichain framework.
The integration means PYUSD is now also available on chains like Tron, Avalanche, Sei, and Aptos, outside of its native deployments on Ethereum, Solana, Arbitrum, and Stellar. The cross-chain availability will be powered by LayerZero’s Stargate Hydra bridge and Omnichain Fungible Token (OFT) standard. This expansion significantly increases PYUSD’s accessibility across blockchain ecosystems.
The technical implementation ensures a smooth user experience across platforms. Specifically for the PYUSD/LayerZero integration, these combined EIPs mean that the burn/mint mechanism can happen with minimal user involvement—one off-chain signature, no separate approvals, and no extra gas fees required for the user. This creates an easy experience for users.
Market Impact and Growth Potential
Its growth has been steady, with supply increasing from around $520 million at the start of 2025 to $1.3 billion today. David Weber, who leads the PayPal USD ecosystem, explained that collaborating with LayerZero will accelerate the stablecoin’s market expansion. The rapid growth demonstrates strong market demand for regulated stablecoins.
The collaboration aims to provide cross-chain compatibility and onramp capabilities for PYUSD, potentially unlocking new applications across different blockchain networks. The move may fit a broader trend among major stablecoin issuers toward building dedicated blockchain infrastructure.
Strategic Benefits for Emerging Markets
According to PayPal’s Weber, the partnership with Stable aims to unlock “new commerce-related use cases” for PYUSD. The integration targets emerging markets where dollar-backed digital currencies offer stability advantages. Stable’s focus on developing comprehensive onramp and offramp solutions addresses critical infrastructure needs.
The partnership provides users with enhanced transaction capabilities across borders. Cross-border remittances become more efficient through Stable’s zero-fee structure and PYUSD’s regulatory compliance. This combination creates opportunities for financial inclusion in underbanked regions.
Conclusion
Integrating PYUSD with Stable’s blockchain infrastructure represents a pivotal advancement in stablecoin accessibility. Through LayerZero’s cross-chain technology, PYUSD gains unprecedented interoperability across multiple networks. The partnership positions both companies to capitalize on the growing demand for efficient, regulated digital payment solutions.
