PayPal Ventures has invested in Stable, a company building new infrastructure for stablecoins. The partnership will bring PayPal USD, known as PYUSD, onto Stable’s blockchain network called Stablechain. The goal is to expand the distribution, utility, and liquidity of PYUSD and show how stablecoins can play a larger role in digital payments.
PayPal has been a leader in online payments for more than twenty years. It built its reputation on making money transfers easy, secure, and reliable. Stable wants to apply that same standard to stablecoins, which are digital tokens tied to real-world currencies like the U.S. dollar. Stable designed Stablechain to solve long-standing problems in crypto transactions such as slow settlement, high fees, and inconsistent tools. It uses USDT as gas for transactions, offers sub-second finality, and supports enterprise-scale throughput to handle global payments.
The collaboration means PYUSD will now run on Stablechain, making it more accessible to users and businesses. Stablecoins like PYUSD are seen as a bridge between traditional finance and blockchain-based payments. They allow people to move money quickly and at low cost without the volatility of other cryptocurrencies. For PayPal, working with Stable provides a chance to expand PYUSD into new markets, especially where dollar-based digital payments are needed most.
Executives from both companies spoke about the deal. Sam Kazemian, chief technology officer at Stable, said PayPal’s experience with peer-to-peer payments makes it a natural partner. He noted that both teams want to make digital assets more useful for everyday transactions. David Weber, who heads the PYUSD ecosystem at PayPal, said the company wants to increase PYUSD’s utility across multiple blockchain networks. He added that stablecoins can remove friction points in global payments and open up new use cases in commerce and financial products.
PayPal Ventures partner Amman Bhasin said the investment targets real-world adoption of stablecoins. He highlighted that emerging markets are where stable, dollar-based payments can make the biggest impact. Many people in these regions lack reliable banking services, and stablecoins offer a simple way to store and send money. By working with distribution partners, Stable aims to scale quickly and grow adoption where it matters most.
The broader significance of this move is that it pushes stablecoins further into mainstream finance. Until now, most stablecoin use has stayed within crypto markets for trading, remittances, and settlements. With PYUSD now live on Stablechain, the coin can support cross-border payments, everyday transactions, and new financial products. This shift reflects growing confidence in digital dollars as a building block of global payments.
Stablecoins are already the most used digital assets, processing trillions of dollars every year. But many users still face problems like volatile tokens for fees or delayed transactions. Stablechain aims to fix these issues by offering consistent settlement, low fees, and tools designed for large-scale payments. With PayPal’s support, Stable can speed up the shift from niche crypto use to broad global adoption.
The partnership also shows how large payment companies are betting on blockchain infrastructure. PayPal first launched PYUSD in 2023 on Ethereum, making it one of the first major financial firms to issue a stablecoin. The coin is backed one-to-one by U.S. dollar deposits, short-term Treasuries, and cash equivalents. Adding PYUSD to Stablechain extends its reach beyond Ethereum and into a system built specifically for stablecoin use.
Industry watchers see this as part of a wider trend. Stablecoins like Tether (USDT) and USD Coin (USDC) already play a big role in crypto trading. The move by PayPal to expand PYUSD signals that regulated, branded stablecoins may soon compete in areas like retail payments, remittances, and business settlements. The cross-chain compatibility offered by Stablechain could make PYUSD more flexible and attractive to both users and companies.
Both PayPal and Stable say this is only the beginning. They expect to keep building new features and expanding adoption in the coming months. Their shared vision is that stable-value assets will no longer be limited to traders but will become part of everyday financial life. From cross-border commerce to digital wallets, PYUSD on Stablechain represents a step toward embedding stablecoins into the fabric of global finance.
This collaboration suggests that payment rails for the future are forming now. With PayPal’s trust and global scale combined with Stable’s infrastructure, the path is being laid for stablecoins to move beyond the crypto industry and into the core of digital payments worldwide.
