PayPal has broadened access to its PYUSD stablecoin across 68 countries, significantly expanding the reach of its blockchain-based payment infrastructure beyond its initial launch markets.
The expansion enables a substantially larger user base to transact with the PayPal-issued stablecoin, which is pegged to the U.S. dollar and built on blockchain networks. This move positions PayPal to compete with established stablecoin providers in emerging markets and regions where traditional payment infrastructure remains underdeveloped, while leveraging its existing merchant and consumer networks globally.
The broader deployment reflects continued institutional adoption of stablecoins for cross-border payments and remittances. PayPal's move to democratize access across emerging economies underscores how major fintech players are using blockchain infrastructure to capture underbanked populations and reduce friction in international fund transfers.