Stable, the layer 1 blockchain network powered by USDT and designed to achieve seamless financial transactions through stablecoins, announced that users will be able to utilize PayPal USD (PYUSD), a stablecoin issued by PayPal and pegged 1:1 to the US Dollar, for commerce and financial transactions on the Stablechain. Additionally, PayPal Ventures, the global venture arm of PayPal, has invested in Stable’s latest funding round. Stable’s integration of PYUSD into the Stablechain will use LayerZero’s recent integration to bridge blockchains programmatically. The combination of Stable’s ultra-fast network processing speeds and reduced fee structure provides for near instant finality along with economics that are beneficial for use in commerce related transactions. Stable will also explore efforts to provide cross-chain compatibility and onramp/offramp capabilities for PYUSD, unlocking new use cases for the stablecoin across different blockchain ecosystems. Stable and PayPal have also agreed to explore potential future products developed around payments and stablecoin utility in the coming months. David Weber, Head of PYUSD Ecosystem, PayPal. “Together, we will unlock new commerce-related use cases for PYUSD, furthering adoption of stablecoins within the greater financial ecosystem.”