PayPal USD is expanding onto the TRON network through Stargate Hydra, where it will circulate as a permissionless token called PYUSD0. The new version of the stablecoin uses LayerZero’s Omnichain Fungible Token (OFT) standard, which lets digital assets move in different blockchains. The goal is to make PayPal USD easier to access in markets that demand stablecoins and for users who want to hold or transact with them.
Stablecoins are widely seen as one of the clearest ways cryptocurrency connects with everyday finance. Unlike many other digital assets, they are pegged to established currencies, often the US dollar, and are used for payments, remittances, or as a safe store of value during market swings. TRON’s Justin Sun said this launch is about broadening access.
“Stablecoins are one of the clearest examples of real-world adoption in cryptocurrency, driving everything from payments to remittances,” Sun said. “The launch of PYUSD0 on TRON gives both users and institutions greater accessibility, and reflects our ongoing commitment to supporting assets that bring trust, efficiency, and broader access to the digital economy.”
Bryan Pellegrino, Co-Founder and CEO of LayerZero Labs, stressed the importance of interoperability in making stablecoins more useful. “The US dollar is the foundation of finance. Stablecoins are the killer app in the cryptocurrency ecosystem,” he said. “With PYUSD0, PayPal USD expands its reach and flexibility to work in today’s networks and tomorrow’s. Launches like this make it obvious that we are at the start of a global financial market that breaks down borders and works around the clock.”
The rollout follows LayerZero’s acquisition of Stargate, a project that created the Hydra model for extending assets from a central blockchain to spoke blockchains. With Stargate now integrated into LayerZero, the Hydra framework can apply directly to stablecoins like PYUSD.
Users will not need to take any action – whether they hold PYUSD or PYUSD0, it will function as the same PayPal USD token, fungible and interchangeable in supported blockchains.
For TRON, expansion by PayPal reinforces its push to become a key settlement layer in digital finance. Since launching its mainnet in 2018, TRON has processed more than $21 trillion in transfers and grown to over 332 million user accounts.
The network regularly handles around 9 million transactions a day and has more than $28 billion locked in its ecosystem. In the first two quarters of 2025, TRON generated nearly $1 billion in protocol revenue, its highest levels to date.
The integration reflects a wider trend in finance: the overlap of established payment systems, interoperability frameworks, and large-scale blockchain networks.
By combining PayPal’s reach in digital payments, LayerZero’s cross-chain architecture, and TRON’s global activity, the initiative pushes toward financial systems that are transparent, secure, and accessible at a worldwide scale.
See also: HashKey to launch multi-currency cryptocurrency treasury fund in Hong Kong
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