PayPal expands PayPal USD stablecoin access to 70 markets globally for cross-border transactions

PayPal has extended access to its dollar-pegged stablecoin, PayPal USD (PYUSD), to 70 markets worldwide, including regions in Asia-Pacific, Europe, Latin America, and North America. Eligible users can buy, hold, send, and receive PYUSD via PayPal, with options to transfer to third-party wallets and convert to local currencies, subject to local rules. The stablecoin, launched in the U.S. in 2023 and issued by Paxos Trust Company, is designed to maintain a $1 value and is also available on Venmo. This expansion enhances cross-border dollar transactions for PayPal users globally, though access and features vary by country.

PayPal's PYUSD stablecoin is currently trading at Rp17.915 on Pluang, with a slight 1-day increase of 0.13%. Despite a high sell order activity of 98%, the market cap stands at Rp48,21 trillion. These figures are as of Sep 25, 2026 17:21 WIB.