PayPal extends its PYUSD stablecoin service to 70 countries worldwide

MarsBitNews · 2026-03-17T12:10:00+00:00

PayPal announced it will expand the global availability of its stablecoin PYUSD to 70 countries, covering markets in South America, Africa, and Asia. This move aims to advance its cryptocurrency payment strategy and support users in holding PYUSD across a broader range of regions.

MarsBitNews

2026-03-17 12:10:00

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Mars Finance News, March 17 — Payment giant PayPal is significantly expanding the global availability of its stablecoin PayPal USD (PYUSD). May Zabaneh, head of the company’s crypto division, stated that starting this month, users in 70 countries can hold PYUSD in their PayPal wallets. Previously, this feature was only available to users in the United States and the United Kingdom. The newly supported countries are mainly in South America, Africa, and Asia, including markets such as Uganda, Colombia, and Peru. These countries are part of the approximately 200 countries where PayPal operates. In February this year, Enrique Lores (former HP executive) was appointed as PayPal’s new CEO, as the company continues to advance its stablecoin and crypto payment strategies.

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