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PayPal USD Stablecoin (PYUSD) logs into Aptos

Source: BlockBeats
According to BlockBeats, on September 19, PayPal USD Stablecoin (PYUSD) has been expanded to Aptos through LayerZero and Stargate Hydra and will be launched in the form of PYUSD0. Aptos is the only Move public chain that has been supported by PYUSD0 this time. At present, the scale of Aptos stablecoin has exceeded US$1.2 billion, and it supports three major global stablecoins, namely USDC, USDT and USDe. The arrival of PYUSD further consolidates Aptos' core position in the innovation and application of stablecoin. With LayerZero's cross-chain infrastructure and Stargate interface, PYUSD0 maintains full composability and interoperability on Aptos, bringing developers and users a more efficient and seamless payment and settlement experience. Whether it is DeFi applications, payment scenarios or asset management, the Aptos ecosystem will gain a new stable entry into the US dollar. As a next-generation blockchain with high speed and low latency, the addition of Aptos provides a solid foundation for PYUSD's global expansion, further promoting the popularity of digital dollars in Web3 financial infrastructure.
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