PayPal expands PYUSD integration in 2025 – Can it keep up with USDT, USDC? – BitRss

• PayPal has expanded its PYUSD integration, aiming to challenge USDT ($1.00) and USDC ($1.00) in 2025
• PYUSD is struggling with adoption though, recording just $1.24 billion in February transactions.

Amidst the ongoing market volatility, PayPal Holdings is doubling down on its stablecoin ambitions, announcing plans to expand the integration of PYUSD across more products in 2025.

This move positions the payments giant as a challenger to dominant stablecoins like Tether (USDT) and Circle (USDC).

PayPal’s executive weighs in

Speaking in an interview with Bloomberg, Michelle Gill, General manager of PayPal’s small business and financial services division said, 

“A lot of the payments we’re expecting are going to be cross-border because merchants in the US are seeking to pay vendors and suppliers abroad. The thesis was: Can we facilitate that on PYUSD rails so as not to have the currency conversion, the friction, as well as time?”

Additionally, in a significant step towards broader stablecoin adoption, PayPal is set to integrate PYUSD into its Hyperwallet platform. This would enab…