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PayPal Supports PYUSD on Arbitrum, Ethereum, and Solana Networks
Odaily News PayPal updated its cryptocurrency terms of service on July 16, 2025, explicitly supporting the issuance and use of the PYUSD stablecoin on the Arbitrum network. PYUSD is issued by Paxos and is fully backed by U.S. dollars, U.S. Treasuries, and other highly liquid assets, with a fixed price of $1. Users can buy, sell, convert, or send PYUSD through the PayPal Cryptocurrency Center, but they must select the correct supported blockchain network (including Arbitrum, Ethereum, and Solana).
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