PayPal expands PYUSD stablecoin to 70 new markets globally
- —PYUSD is now live in 70 markets, up from just the US and UK
- —Supply grew to $4 billion from about $1 billion in August 2025
- —The stablecoin is issued by Paxos under federal oversight
- —Holding rewards are not available in Singapore and the UK
Why it matters: The expansion intensifies competition in stablecoins and cross-border payments, a market long dominated by USDT and USDC.
Source: Crypto Briefing