PayPal’s PYUSD stablecoin now supports cross-chain transactions via LayerZero integration
Cryptopolitan2024/11/13 11:22
By:By Nellius Irene
Share link:In this post: PayPal U.S.-dollar-pegged stablecoin can now transfer seamlessly between Ethereum and Solana via LayerZero. Each PYUSD transfer is secured by a decentralized verifier network (DVN) involving Paxos, Google Cloud, and LayerZero Labs. The supply of the stablecoin on Solana has shrunk to $186 million.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
CryptoPunks #5402 sold for 170 ETH, about $564,000
Cointime•2025/01/18 08:33
Circle issues 250 million more USDC on Solana
Cointime•2025/01/18 08:33
Rush of Cryptocurrency ETF Filings Hits SEC Ahead of Gensler's Departure
Cointime•2025/01/18 08:33
AAVE drops below $310
Cointime•2025/01/18 08:33
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$103,014.08
+1.00%
Ethereum
ETH
$3,275.91
-3.45%
XRP
XRP
$3.11
-4.67%
Tether USDt
USDT
$0.9993
-0.04%
Solana
SOL
$236.95
+10.31%
BNB
BNB
$699.64
-2.55%
Dogecoin
DOGE
$0.3965
-2.68%
USDC
USDC
$0.9997
-0.02%
Cardano
ADA
$1.06
-4.59%
TRON
TRX
$0.2406
-1.52%
Bitget pre-market
Buy or sell coins before they are listed, including CATGOLD, VERT, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now