PayPal Ventures has made a strategic investment in Stable to integrate PayPal USD (PYUSD) onto Stablechain, significantly expanding its distribution network for faster and cheaper global payments, according to a Monday announcement.
Stable's blockchain specializes in stablecoin transactions, offering sub-second finality and minimal fees to address infrastructure limitations that have hindered wider adoption.
The partnership aims to unlock new commerce applications, especially in emerging markets where USD-pegged payments are most impactful, accelerating the use of stablecoins beyond crypto into mainstream payments and financial products.
While the investment size remains undisclosed, this collaboration positions PYUSD against major stablecoins like Tether's USDT and Circle's USDC in the growing digital payments landscape.