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PayPal Ventures Invests in Stable to Expand PYUSD Reach
Yahoo Finance·2025-09-22 15:19

PayPal Ventures has invested in Stable to bring PayPal USD (PYUSD) to Stablechain, aiming to expand its distribution and make global payments faster and cheaper, according to a blog post Monday. Stable’s blockchain, built for stablecoin transactions with sub-second finality and low fees, is designed to fix the infrastructure issues that have slowed adoption, the company said. The size of the investment was not disclosed. Stablecoins are cryptocurrencies whose value is tied to another asset, such as the U ...