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PayPal Integrates LayerZero for PYUSD Transfers Between Ethereum and Solana Using LayerZero

PayPal has announced the integration of its stablecoin, PayPal USD (PYUSD), with LayerZero, enabling seamless transfers between the Ethereum and Solana blockchains
By: DeepNewz • November 13, 2024
PayPal Integrates LayerZero for PYUSD Transfers Between Ethereum and Solana Using LayerZero

PayPal has announced the integration of its stablecoin, PayPal USD (PYUSD), with LayerZero, enabling seamless transfers between the Ethereum and Solana blockchains. This integration allows users who self-custody their PYUSD tokens to transfer assets across these two major blockchain networks without relying on traditional intermediaries. The move is part of PayPal's ongoing efforts to enhance the functionality and usability of its digital currency offerings.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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