In 2025, Paypal plans to integrate Stablecoin into more products and services. The company aims to accelerate the adoption of PYUSD thanks to its 20 million global merchants. PYUSD is defined as a system fixed to US dollars at a ratio of 1: 1. With this new move, Paypal aims to increase speed and accessibility in crypto currency payments.
Global payment systems are expanding with PYUSD
PayPal plans to introduce the use of pyusd to 20 million small and medium -sized enterprises. The company will develop invoice payment systems and pay to suppliers with PYUSD. This development can reduce foreign exchange transformation and additional costs, especially by accelerating the transaction process, especially in cross -border payments.
Michelle Gill, Vice President of PayPal Senior, says traders are looking for a fast and low -cost method while paying to suppliers abroad. With the integration of PYUSD, it is aimed to provide a more efficient payment infrastructure by eliminating foreign exchange change processes.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
With Hyperwallet integration, payments become easier
PayPal is commissioning the Hyperwallet platform, which he bought for $ 400 million in 2018, for PYUSD payments. This integration, which will facilitate collective payments for free workers and contracted employees, will be implemented in the first half of 2025.
Alex Chriss, CEO of the company, emphasizes that block chain technology has been spoken for many years, but the real transformation will take place with the start of the consumption of crypto currencies. Thanks to PYUSD, Paypal aims to increase the use of crypto currencies in real world payments.
Competition in the stablecoin market is hot
Paypal’s pyusd move corresponds to a period in which competition is intensified in the Stablecoin market. Tether, Circle and Ripple 
$2.13 Such companies offer innovative solutions to increase market shares. The clarification of regulatory frames allows stablecoins to be adopted on a wider scale.
Circle benefit from solana -based transactions, while Ripple’s new Stablecoin system, which Rlusd calls Rlusd, draws attention. Crypto money analyst Benjamin Cowen, the decline in stablecoin supply bitcoin 
$88,007.81He says he can increase his potential.
PayPal aims to reduce trading costs and make payments faster with PYUSD. The company offers innovative solutions to the crypto currency ecosystem on a local and global scale.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
