PayPal USD（PYUSD）扩展到Stellar（XLM）区块链，等待NYDFS批准

PayPal宣布其Stablecoin PayPal USD（PYUSD）很快将在Stellar（XLM）区块链上提供，等待监管批准

PayPal's highly anticipated stablecoin, PayPal USD (PYUSD), is set to expand its reach with an integration on the Stellar (XLM) network, pending approval from the New York State Department of Financial Services (NYDFS).

PayPal备受期待的Stablecoin PayPal USD（PYUSD）将与恒星（XLM）网络的集成扩大其影响力，并获得纽约州金融服务部（NYDFS）的批准。

This development, reported by Stellar in a recent blog post, follows PYUSD's existing deployments on Ethereum, Solana, and Cardano, highlighting PayPal's broader goal of enabling seamless and efficient digital payments. Stellar, recognized for its rapid and cost-effective transactions, especially in comparison to Bitcoin's slow throughput and high fees, appears to be a natural fit for this endeavor.

Stellar在最近的博客文章中报道的这一发展是在Pyusd在以太坊，Solana和Cardano上的现有部署之后，突出了PayPal实现无缝和高效的数字付款的更广泛目标。恒星（Stellar）以其快速且具有成本效益的交易而闻名，尤其是与比特币的慢速吞吐量和高费用相比，这对于这项工作来说是一种自然的适合。

"The integration will create new possibilities for businesses and users, especially in emerging markets where efficient transactions are crucial for economic activity," Stellar noted in the post.

“整合将为企业和用户创造新的可能性，尤其是在有效交易对经济活动至关重要的新兴市场中。”

The integration will introduce Stellar's signature 'PayFi' capabilities, enabling real-time payment financing for small and medium-sized enterprises (SMEs). With Stellar's instant settlement capabilities, businesses will be able to access working capital in PYUSD. This capital can be used to manage inventory, pay suppliers, and bridge liquidity gaps, potentially mitigating the cash flow challenges that arise from delayed client payments.

该集成将引入Stellar的签名“ Payfi”功能，从而为中小型企业（SME）提供实时付款融资。凭借Stellar的即时和解功能，企业将能够在Pyusd进入营运资金。该资本可用于管理库存，付款供应商和桥梁流动性差距，从而有可能减轻客户付款延迟引起的现金流挑战。

Moreover, liquidity providers on Stellar may choose to provide capital to support these operations, in turn earning a return on their contributions to the real world economy.

此外，Stellar的流动性提供者可能会选择提供资金来支持这些业务，从而获得对现实世界经济的贡献的回报。

Since its debut on Ethereum in August 2023, PYUSD has been steadily expanding its footprint. Earlier this year, PayPal announced PYUSD payouts through Hyperwallet, targeting cross-border payments for freelancers and vendors, with a rollout expected to be completed by the end of Q2.

自2023年8月在以太坊上首次亮相以来，Pyusd一直在稳步扩大其足迹。今年早些时候，PayPal宣布了PYUSD通过Hyperwallet付款，以跨国公司和供应商的跨境支付为目标，预计将在第二季度结束时完成。

Additionally, PayPal is offering a 3.7% APY yield for U.S. users who hold PYUSD in PayPal or Venmo wallets, paid out monthly to incentivize adoption of its stablecoin.

此外，PayPal还为在PayPal或Venmo钱包中持有Pyusd的美国用户提供3.7％的APY收益率，每月支付，以激励采用其Stablecoin。

In related news, Coinbase has announced that it will be waiving all fees for PYUSD transactions and will offer 1:1 USD redemptions for PayPal’s USD-linked stablecoin, aiming to simplify institutional and merchant adoption.

在相关新闻中，Coinbase宣布将免除PYUSD交易的所有费用，并将为PayPal与USD链接的Stablecoin提供1：1美元的赎回，旨在简化机构和商家的采用。

If the Stellar integration receives regulatory clearance, PayPal's stablecoin will be better positioned to function as a globally accessible, programmable payment layer, with seamless fiat-to-digital onramps and broader financial inclusivity.

如果恒星集成获得监管许可，则PayPal的Stablecoin将更好地作为全球可访问的，可编程的支付层的功能，并具有无缝的FIAT-FIAT-DIGITAL ONRAMPS和更广泛的财务包容性。

Recently we wrote that the U.S. Senate has voted to end debate on the Guiding and Empowering National Innovation for Unified Standards (GENIUS) Act, a major stablecoin regulation bill, moving it toward final passage next Monday.

最近，我们写道，美国参议院已投票决定结束有关指导和授权国家创新统一标准（GENIUS）法案的辩论，这是一项主要的Stablecoin法规法案，将其转移到下周一的最终段落。