PayPal’s PYUSD stablecoin now supports cross-chain transactions via LayerZero integration
Share link:In this post: PayPal U.S.-dollar-pegged stablecoin can now transfer seamlessly between Ethereum and Solana via LayerZero. Each PYUSD transfer is secured by a decentralized verifier network (DVN) involving Paxos, Google Cloud, and LayerZero Labs. The supply of the stablecoin on Solana has shrunk to $186 million.
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