PayPal has announced plans to launch its PYUSD stablecoin on the Stellar blockchain, pending regulatory approval. The move aims to leverage Stellar’s fast and low-cost infrastructure for cross-border payments and working capital solutions, particularly benefiting small businesses. This expansion complements PYUSD’s existing presence on Ethereum and Solana.

PayPal’s stock price dropped 5.32% on June 13, even as trading volume soared 84.53% to $1.19 billion. A spike in put options activity signals heightened caution among investors, reflecting concerns about PayPal’s near-term prospects. This bearish trend comes as the company pursues digital asset expansion.

By expanding PYUSD to Stellar, PayPal aims to offer faster, cheaper global transactions and real-time financing for small businesses. The integration, awaiting final regulatory approval, is expected to enhance liquidity, broaden payment flows, and provide practical financial tools to users worldwide, according to company executives.