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PayPal native stablecoin PYUSD0 will be launched soon Sei

Source: BlockBeats
According to BlockBeats, on September 19, according to official news, PayPal's native stablecoin PYUSD0 will seamlessly connect to the Sei network with LayerZero's cross-chain technology, bringing PayPal native stablecoin to the global financial settlement layer. Through Sei network settlement, PYUSD0 can achieve sub-second final confirmation, institutional-level throughput capabilities, and achieve high composability in DeFi and capital markets. To meet global economic needs, PYUSD0 is built on the LayerZero decentralized messaging protocol to ensure that it can flow seamlessly between different networks without causing liquidity fragmentation. This makes PYUSD0 more than a payment tool—it will become a common asset that drives applications, chains and markets, synchronizing with the trend of institutions such as BlackRock, Franklin Templeton and JPMorgan Chase to introduce real-world assets into the chain. Combining PayPal's user coverage, LayerZero's interoperability and Sei's high performance, PYUSD0 allows mainstream payments to be more deeply integrated with the on-chain market - global users will be able to complete transactions at the fastest Layer1 speed while enjoying PayPal's stability.
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