PayPal’s PYUSD Conquers 9 Blockchains Like a Crypto Hobbit on a Quest 🧙‍♂️🚀

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Ah, PayPal’s stablecoin PYUSD, that little creature born from the cryptic mist of fiat and blockchain, now stretches its digital limbs across nine more blockchains, all thanks to the masterful sorcery of LayerZero’s interoperability incantations.

From the Depths of PayPal’s Vault: PYUSD Now Dancing on Tron, Avalanche, and Seven Other Magical Networks

LayerZero, like a humble chronicler of ancient lore, recently declared in their blog scroll that PayPal USD (PYUSD) advances boldly through integration with the Stargate Hydra-a name that instantly evokes mythic beasts and multi-headed promises-allowing the poor stablecoin to wander where it once dared not tread. Behold PYUSD0: a rebellious, permissionless sibling perfectly interchangeable with the original PYUSD, spreading mischief and liquidity wherever it roams.

Once upon a time, PayPal’s stablecoin was content dwelling natively on Paxos-guarded lands: Arbitrum, Solana, Ethereum, and Stellar. But PYUSD0, that restless sprite, now leaps to Abstract, Aptos, Avalanche, Ink, Sei, Stable, and Tron. And of course, more realms lie on the horizon, awaiting conquest.

Of course, the brave PYUSD had already sneaked through two networks-Berachain (BYUSD) and Flow (USDF)-but now, like a well-hydrated guest at a cryptonight feast, it upgrades to PYUSD0, making nine networks in total where this shapeshifter frolics.

“As the stablecoin kingdom mushrooms past $270 billion (an empire not without its follies), innovations like this pave the cobblestone streets for an interoperable financial bazaar,” intones David Weber, the grand architect of PayPal USD’s ecosystem, perhaps sipping his morning kvass.

PayPal first unfurled its stablecoin banner back in 2023, stepping cautiously but boldly into the tangled forest of fiat-tied tokens, like a polite giant joining a dwarf’s feast. Since then, it’s been stretching tendrils, notably unfurling a Stellar version just last Thursday-because why disrupt tradition on a weekend?

Now, enriched by LayerZero’s arcane arts, PayPal strides forward, proclaiming, “Together, we shall let PYUSD gallop through new markets posthaste, all while playing by the rules and keeping our blockchain ducks in a row,” according to Weber’s solemn decree.

PYUSD0’s sacred trinity? The stablecoin itself, the ever-hydraulic Stargate Hydra (which, rumor has it, was captured barely last month), and the omnipresent LayerZero-who mints, burns, and deploys with the grace of a conjurer’s trick.

“PYUSD0 expands like a potato freshly baked in blockchain ovens, embracing countless networks today and even tomorrow’s,” chuckles Bryan Pellegrino, LayerZero Labs’ co-founder and CEO, the kind of man who might trade your grandmother’s antique samovar for a few bytes of data. “This is just the dawn-markets without borders, running ’round the clock, no siestas in sight.”

Meanwhile, in the rarified air of crypto payments, PayPal continues its juggling act: launching a “Pay with Crypto” service to charm merchants, and threading crypto into its peer-to-peer (P2P) system with all the subtlety of a matryoshka doll revealing yet another surprise.

Bitcoin’s Mood Swings: A Tragedy in $117K and a Comedy at $116K

As for Bitcoin, last Thursday it dared to touch $117,900, only to descend back to $116,400-perhaps the digital equivalent of a moody poet’s temper tantrum. Witness below the beautifully tortured curve of its recent path.

Bitcoin price chart

This financial soap opera of Bitcoin and kindred tokens triggered $133 million in long liquidations in a mere day, according to the oracle CoinGlass-reminding us all that in crypto, the only certainty is uncertainty adorned with spectacle.

Liquidation data chart

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2025-09-20 06:14