贝宝（PayPal

PayPal将在Stellar（XLM）区块链上推出其美元支持的Stablecoin PayPal USD（PYUSD）。此举是在纽约金融服务部的初步批准之后，等待最终集成许可。

PayPal is preparing to launch U.S. dollar-backed stablecoin PayPal USD (PYUSD) on the Stellar (XLM) blockchain, expanding its footprint in the crypto space.

PayPal正在准备在Stellar（XLM）区块链上推出以美元支持的Stablecoin Paypal USD（PYUSD），从而扩大了加密货币领域的足迹。

Payal Expands PYUSD Reach with Stellar

PAYAL扩大了Pyusd的范围

Already operating PYUSD on Ethereum and Solana, PayPal is expanding its stablecoin to major blockchain networks. The addition of Stellar aims to cut costs and boost settlement speeds for international transactions, aligning with PayPal’s broader strategy to expand digital currency infrastructure globally.

PayPal已经在以太坊和Solana上运行Pyusd，将其稳定的稳定网络扩展到主要的区块链网络。恒星的增加旨在降低成本并提高国际交易的结算速度，与PayPal在全球扩大数字货币基础设施的更广泛战略保持一致。

Stellar spans over 170 countries, offering fast and low-cost financial services across diverse platforms. Its network includes digital wallets, on- and off-ramps, and links to local banking systems, providing reliable access in markets where traditional banking is limited.

恒星跨越了170个国家 /地区，在各种平台上提供快速和低成本的金融服务。它的网络包括数字钱包，内部和外坡道以及指向本地银行系统的链接，可在传统银行业务有限的市场中提供可靠的访问。

Stellar’s technical strengths and existing footprint make it a practical platform for the next phase of stablecoin deployment. The integration is designed to improve real-time payment flows and enable broader access to digital finance, which could benefit underserved users in developing economies.

Stellar的技术优势和现有的足迹使其成为下一阶段Stablecoin部署的实用平台。该集成旨在改善实时付款流量，并使更广泛地获得数字融资的机会，这可能使发展中经济体服务不足的用户受益。

Payment Financing Launches with PYUSD on Stellar

Pyusd在Stellar上推出了付款融资

A key component of the rollout is Payment Financing (PayFi), a model designed for the specific needs of small and medium-sized businesses. This service allows instant access to working capital disbursed directly in PYUSD via the Stellar network. Businesses can use these funds for inventory, supplier payments, and daily operations.

推出的关键组成部分是付款融资（PayFI），该模型旨在为中小型企业的特定需求而设计。该服务允许立即通过Stellar Network直接在Pyusd中支付的营运资金访问。企业可以将这些资金用于库存，供应商付款和日常运营。

PayFi delivers transparent, real-time settlement and eliminates the friction encountered in traditional credit systems. It also introduces new liquidity options by involving third-party providers in real-world economic flows. These providers earn returns from business transactions rather than speculative crypto trading.

Payfi提供透明，实时和解，并消除传统信贷系统中遇到的摩擦。它还通过让第三方提供商参与现实世界经济流量来引入新的流动性选择。这些提供商从业务交易中获得回报，而不是投机性加密交易。

Stellar’s integration enhances the programmability of stablecoins by combining fiat stability with blockchain efficiency. This model supports business growth and smooths global payment challenges. PayPal views this as the foundation for scalable financial tools using blockchain technology.

Stellar的集成通过将法定稳定性与区块链效率相结合，从而增强了Stablecoins的可编程性。该模型支持业务增长，并平滑全球付款挑战。贝宝认为这是使用区块链技术的可扩展财务工具的基础。

Regulatory Path Nears Completion

监管路径接近完成

The New York Department of Financial Services has issued preliminary approval for PYUSD’s Stellar integration. PayPal now awaits final clearance after completing the technical product review, a significant step in its regulated stablecoin expansion.

纽约金融服务部已发布了Pyusd出色整合的初步批准。 PayPal现在在完成技术产品审查后等待最终批准，这是其受监管的Stablecoin扩展的重要一步。

Regulatory compliance is crucial as PayPal expands the availability of its stablecoin across multiple networks. The company maintains robust oversight and transparency standards in every market where PYUSD operates. Once approved, the Stellar version of PYUSD will expand its utility for everyday financial needs.

随着贝宝（PayPal）在多个网络中扩大其稳定性的可用性，监管合规性至关重要。该公司在PYUSD运营的每个市场中都保持了强大的监督和透明度标准。一旦获得批准，Pyusd的出色版本将扩大其效用，以满足日常财务需求。