TL;DR PYUSD Launch on Stellar: PayPal is set to transform digital payments by launching its stablecoin, PYUSD, on the Stellar blockchain, promising fast, low-cost cross-border transactions. Empowering Global Commerce: Leveraging Stellar’s efficient network, the integration aims to overcome traditional banking hurdles, enhance global remittance markets, and empower small businesses. Awaiting NYDFS Approval: While poised to.
source: https://crypto-economy.com/paypal-announces-plans-to-launch-pyusd-on-stellar-blockchain/