PayPal USD is Now Available on Stellar

Rio de Janeiro, Brazil, September 18th, 2025

Today the stablecoin PayPal USD (PYUSD) is live on the Stellar network. By deploying on the Stellar network, PYUSD’s reach will extend into additional wallets and platforms like Bitcoin.com, Chipper Cash, Decaf, Arculus, Meru, CiNKO, COCA, Lobstr, and more, offering users a trusted stablecoin option for seamless digital payments.

“Expanding PYUSD to the Stellar network is an exciting step toward making stable, trusted digital dollars more accessible and useful worldwide. At Bitcoin.com, our mission is to give people the tools to engage with crypto simply and securely — whether for savings, payments, or everyday transactions. By supporting PYUSD on Stellar, we’re enabling our millions of users to enjoy fast, low-cost transfers while strengthening the role of stablecoins in real-world payments,” said Corbin Fraser, CEO of Bitcoin.com.

PYUSD on Stellar helps businesses by delivering near-immediate settlement and reducing friction in everyday transactions while giving smaller businesses additional access to PayFi solutions. Small and medium-sized businesses that often deal with delayed payments or upfront costs will be able to tap into real-time working capital issued in PYUSD. That funding can go toward paying suppliers, stocking inventory, or handling other operational needs with near-instant settlement on Stellar. Liquidity providers can participate by backing these opportunities and earning potential returns linked to real economic activity. Fully backed 1:1 with USD deposits, US treasuries, and similar cash equivalents and regulated by the New York State Department of Financial Services (NYDFS), PYUSD further adds to making the sending, receiving and managing payments on the Stellar network simple and reliable.

“PayPal continues to be at the forefront of payments meeting our customers where they are - online, offline, and now onchain. Expanding PYUSD to Stellar broadens access to PYUSD and opens up new use cases and opportunities for seamless transactions for customers,” said May Zabaneh, Vice President of Crypto, PayPal.

With nearly 10M accounts and 20B+ total operations to date, Stellar is a proven network for innovation and payments. Open-source SDKs and Soroban smart contracts allow developers to integrate PYUSD into financial applications, programmable payment solutions and enterprise-grade platforms - unlocking opportunities that extend beyond everyday transactions. Since PYUSD is built on the Stellar Asset Contract (SAC), it is natively compatible withStellar smart contract protocols, making integration simple for builders and businesses.

“Having a global leader like PayPal bring PYUSD to the Stellar network is a major step forward in how stablecoins can power real-world payments. Stellar was built for payments and having PayPal’s PYUSD now live on the network means new opportunities for businesses to move money faster and more efficiently, while consumers gain a trusted new option for day-to-day transactions. This is an exciting milestone for the Stellar ecosystem and one that sets the stage for broader adoption and innovation.” said Denelle Dixon, CEO and Executive Director at Stellar Development Foundation.

IMPORTANT DISCLOSURES
This press release is for informational purposes only and is not intended as financial, investment, or other advice. The use and exchange of digital assets, including stablecoins such as PYUSD, may involve complex risks, including but not limited to:

Network & Custody Risks: Transactions on blockchains – and the blockchains themselves – are subject to a range of operational, technological, and security risks. Users are responsible for safeguarding their private keys and/or working with reputable custodians/wallet providers; loss of access may lead to the permanent loss of funds.

Third-Party Reliance: Digital assets rely on third-party blockchain software and network infrastructure. Neither PayPal nor Paxos Trust Company, LLC (“Paxos”) has control over blockchain networks and is not liable for any blockchain’s performance, security, or ongoing availability.

Redemption and Market Risk of Fiat-Backed Stablecoins: U.S. dollar- backed
stablecoins that are regulated by the New York State Department of Financial
Services are designed to maintain a stable value of one U.S. dollar per token.
Individuals or entities with direct redemption access via PayPal, Paxos or
authorized partners are guaranteed to convert PYUSD 1:1 for US dollars. All other parties may be limited to selling PYUSD at market prices.

Regulatory Uncertainty: Regulatory frameworks for digital assets are evolving. Availability or legality of digital asset services may change without notice, and services may be restricted, suspended, or terminated in certain jurisdictions as required by law or regulation.

No FDIC/SIPC Protection: Digital assets, including PYUSD, are not insured by the Federal Deposit Insurance Corporation (FDIC) or the Securities Investor Protection Corporation (SIPC).

Terms & Conditions: Use of PYUSD is subject to Paxos and PayPal’s Terms & Conditions, including disclaimers on liability and user responsibilities. Transactions are irreversible once recorded on the blockchain. You are advised to review and understand all applicable terms.

Service Availability & Illegal Activity: PYUSD and related payment service may be suspended or terminated due to events or investigations involving illegal activity, system failure, or other factors beyond PayPal’s control.

Forward-Looking Statements: Statements in this press release regarding potential product features, expansion plans, and regulatory outcomes are forward-looking and subject to change. Actual results may differ materially due to known and unknown risks, uncertainties, and other factors.

About PayPal USD (PYUSD)
PayPal USD is issued by Paxos Trust Company, LLC, a fully chartered limited purpose trust company. Paxos is licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents, and PayPal USD can be bought or sold through PayPal and Venmo at a rate of $1.00 per PayPal USD. 

PayPal, Inc. (NMLS ID #: 910457) is licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services.

About Stellar

The Stellar network is a decentralized, fast, scalable, and uniquely sustainable blockchain built for financial products and services. It offers builders smart contracts functionality and a protocol optimized for payments, with a design intended to keep fees low and to provide transaction speeds that can scale with increased adoption. Financial institutions and innovators worldwide issue assets and settle payments on the Stellar network, which has processed billions of operations with millions of accounts since the network was first launched.