TLDR
- Bitfinex-backed Stable has integrated PayPal’s PYUSD stablecoin onto its blockchain.
- The integration aims to enhance peer-to-peer payments, remittances, and cross-border transactions.
- PayPal Ventures made a strategic investment to support the integration of PYUSD.
- Stable uses USDT as its native gas token to simplify digital dollar transactions.
- PYUSD, launched in August 2023, has grown to be the 11th largest stablecoin by market cap.
Stable, an institutional-grade stablecoin blockchain backed by cryptocurrency exchange Bitfinex, has partnered with PayPal. This collaboration will integrate PayPal’s PYUSD stablecoin onto the Stablechain. Stable aims to expand the use of PYUSD in peer-to-peer payments, remittances, and cross-border transactions. PayPal Ventures made a strategic investment to drive this integration. The partnership marks a significant step toward enhancing PYUSD’s utility across blockchain ecosystems.
Stable’s Focus on Fast Financial Transactions
Stable’s blockchain is designed for seamless financial transactions, specifically targeting peer-to-peer payments and remittances. Its layer-1 structure ensures faster and more efficient cross-border payments. As a part of this design, Stable uses USDT as the native gas token. This approach eliminates the complexities associated with managing volatile tokens for digital dollar transactions. “Our platform aims to deliver real-dollar settlement with sub-second finality,” Stable’s official site states.
Stable also integrates USDT0, a cross-chain liquidity stablecoin. This partnership with Everdawn Labs broadens its capabilities in the stablecoin ecosystem. Though it’s still unclear whether Stable uses USDT or USDT0 as its native gas token, the focus remains on simplifying stablecoin transactions.
PayPal’s PYUSD Stablecoin Gains Traction
PayPal’s PYUSD stablecoin continues to grow in the crypto market, despite being newer than other major stablecoins like USDT. Launched in August 2023 in partnership with Paxos, PYUSD now ranks as the 11th largest stablecoin by market cap. With a valuation of around $1.4 billion, PYUSD seeks to unlock new use cases for stablecoins.
PayPal 🤝 Stable
We’re excited to announce a strategic investment from @PayPal to
advance @Stable's role in stablecoin payments.This collaboration marks a new phase for stablecoins: moving from niche adoption to becoming embedded in the fabric of global finance. pic.twitter.com/RP4eURPmAC
— Stable (@stable) September 22, 2025
David Weber, PYUSD’s ecosystem head, emphasized that the partnership with Stable will drive adoption.
“This work reflects our commitment to expanding PYUSD’s utility across multiple blockchain ecosystems,” Weber said.
PayPal Ventures partner, Amman Bhasin, also highlighted the importance of expanding reliable dollar-based payments in emerging markets. This strategic move aligns with PayPal’s goal of making PYUSD a more integral part of the global stablecoin market.
