Stable, a one-layer blockchain network focused on stablecoins, announced that PayPal Ventures has made a strategic investment in its latest funding round, allowing users to use PayPal USD (PYUSD) for business and financial transactions on Stablechain.
Stable will bridge PYUSD into its blockchain network through LayerZero integration, leveraging Stable's ultra-fast network processing speed and reduced fee structure to provide near-instant final confirmation and an economic model that facilitates business transactions. The parties will also explore new use cases for PYUSD to provide cross-chain compatibility and deposit/withdrawal capabilities, unlocking stablecoins across different blockchain ecosystems.
PayPal Announces Investment in Tether's Stablecoin Layer 1 Project Stable
2025-09-22 13:06:17
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