PayPal Blasts PYUSD Stablecoin Into 70 Countries
PayPal expands its PYUSD stablecoin from just the US and UK to 70 countries, targeting emerging markets.
PayPal is going big on stablecoins. The payments giant just blew open access to its PYUSD stablecoin, jumping from availability in just the US and UK to a whopping 70 countries.
The expansion hits some unexpected markets. Uganda, Colombia, Peru, and Malawi are among the newly added countries where users can now send and receive PayPal's branded stablecoin. That's a dramatic geographic leap for a token that launched with a decidedly Western footprint.
The move signals PayPal's aggressive push into cross-border crypto payments, particularly in regions where traditional banking infrastructure is limited. Stablecoins have found real traction in emerging economies as tools for remittances and dollar-denominated savings.
With 70 countries now on the map, PYUSD is no longer a niche experiment. PayPal is betting its stablecoin can be a global payments rail.