PayPal has formally introduced that its US dollar-pegged cryptocurrency, PYUSD, is now supported on the Arbitrum community. This info was included within the funds large’s phrases of service, which have been up to date on July 16, 2025.
PayPal Extends PYUSD Stablecoin to Arbitrum Community
In keeping with the phrases and situations:
“PYUSD, one of many crypto property supported by PayPal, is issued by Paxos on the Ethereum, Solana, and Arbitrum blockchains.”
This assertion was not included within the earlier model dated July 11, 2025. With the addition of Arbitrum, PYUSD will now be energetic on three completely different networks, following Ethereum and Solana. The up to date phrases additionally embrace new sections concerning PYUSD’s buying and selling limits on Arbitrum.
PayPal USD (PYUSD) was initially launched on Ethereum in August 2023. Totally backed by the US greenback, short-term treasury payments, and related high-liquidity property, this stablecoin goals to offer worth stability in digital funds.
CEO Dan Schulman said on the time of launch that PYUSD was designed as a steady instrument that may bridge the hole between digital and fiat currencies.
Having expanded to the Solana community in Might 2024, PYUSD has now accomplished its integration with second-layer options that provide decrease transaction charges and excessive scalability with Arbitrum help.
Paxos, the issuer of PYUSD, had deliberate to launch on the Arbitrum community and produce its personal tokenization platform to this ecosystem in September 2024. As the following step on this integration, the launch of PYUSD on Arbitrum is seen as a major milestone within the improvement of digital finance infrastructure.
This transfer by PayPal is taken into account an indicator of accelerating competitors and institutional adoption within the stablecoin house.
*This isn’t funding recommendation.
