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PayPal widens PYUSD availability to roughly 70 markets to speed up and cut costs for cross-border payments

PayPal has widened access to its dollar-backed PYUSD stablecoin to nearly 70 countries, positioning the token as a tool for faster and cheaper cross-border payments [2].

Mar 17, 202612:33 PMNewsroom AI

PayPal expanded access to its dollar-backed PYUSD stablecoin to nearly 70 countries, saying the token will enable cheaper cross-border transfers and faster settlement for merchants [1] [2].

The rollout includes features such as rewards and explicit support for cross-border transfers, with PayPal highlighting PYUSD’s role in lowering costs and speeding settlement for merchants and customers [3] [1].

Coverage of the expansion notes that broader PYUSD availability could enhance financial inclusion and streamline global transactions by providing more widely accessible dollar-denominated stablecoin rails [2] [4].

By extending PYUSD to nearly 70 markets, PayPal aims to scale stablecoin-based payments for international commerce and remittances, emphasizing faster settlement and reduced cross-border fees [1].

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