PayPal introduces the stablecoin PYUSD to Stellar for cross-border remittances and payments

ChainCatcher news, according to CoinDesk, PayPal has announced that it has introduced its stablecoin PYUSD to Stellar for cross-border remittances and payment financing. PYUSD has already been operating on Ethereum and Solana, and this collaboration will enable small and medium-sized enterprises facing accounts receivable delays or pre-financing requirements to access a new source of real-time working capital.