PayPal Ventures, the venture arm of PayPal, has joined the latest funding round for the blockchain project Stable, which is developing its own layer-one network — Stablechain.
This is reported by Business • Media
PYUSD Expands Its Presence Through Stablechain
As part of the new partnership, PayPal announced the integration of its stablecoin PayPal USD (PYUSD) into the Stable ecosystem. This decision will allow users to utilize PYUSD for commercial and financial transactions within the Stablechain network. As a result, payments will be processed quickly, and fees will remain minimal.
The technological integration will occur through the LayerZero cross-chain protocol, which will ensure interoperability with other blockchains and enable instant transaction finalization.
New Products and Updates Expected in 2025
The teams at PayPal and Stable are also exploring opportunities to develop joint products focused on stablecoins and payment services, which could significantly expand the functionality of both ecosystems in the coming months.
“Users will be able to use the dollar-pegged stablecoin PYUSD for commercial and financial operations within the Stablechain network. Transactions using this asset will allow for quick processing and minimal fees.”
Stable has already presented its development roadmap for 2025, which includes the launch of new products and updates for the platform. It is known that in early August 2025, the company raised $28 million during a seed funding round to create a network optimized specifically for stablecoins and payment operations based on them.