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November 13, 2024

PayPal’s PYUSD Enables Cross-Chain Transfers Between Ethereum and Solana with LayerZero Integration

TL;DR PayPal has integrated its stablecoin, PayPal USD (PYUSD), with the cross-blockchain bridging protocol LayerZero, enabling seamless transfers between Ethereum and Solana. This integration aims to enhance transaction efficiency, reduce liquidity fragmentation, and provide users with faster, more secure, and cost-effective options.

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