Global payments giant PayPal (PYPL) has expanded its PYUSD cryptocurrency to 70 global markets, marking a major step in its international rollout. PYUSD is a U.S. dollar-backed stablecoin designed to support digital payments across borders. The rollout includes regions such as Africa and other global markets. The move also aims to improve global commerce by making cross-border transactions faster, cheaper, and more accessible.
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PayPal Expands PYUSD Access Across Global Markets
On May 21, PayPal announced that PYUSD is now available across 70 global markets through PayPal’s official accounts. Users can now buy, hold, send, and receive PYUSD directly within their wallets. The rollout broadens access to digital dollar payments across multiple regions.
PayPal users will be able to transfer PYUSD coins to friends and family or send them to external digital wallets. They can also convert their stablecoins into local currencies for everyday spending, while eligible users may earn rewards on their holdings. These features make cross-border transfers more flexible and easier to manage.
May Zabaneh, Senior Vice President and General Manager of Crypto at PayPal, commented on the latest milestone. He said, “Enabling PYUSD in users’ accounts across 70 markets gives people faster access to funds and lower-cost ways to send money across borders.” The statement reflects PayPal’s broader effort to improve financial access and simplify international payments for users worldwide.
PayPal Improves Merchant Payments and Cash Flow
PayPal has also announced that businesses using PYUSD on its platform can now settle transfers within minutes, rather than waiting days or weeks. This faster access to funds improves liquidity and helps companies manage cash flow better. It also reduces reliance on traditional banking systems and slower cross-border payment rails.
Currently, PYUSD is available across regions, including Africa, Asia-Pacific, Europe, Latin America, the Middle East, and North America. The broader rollout strengthens PayPal’s position in global digital payments as it expands deeper into stablecoin-powered commerce.
Is PayPal Stock a Buy or Hold?
According to analysts tracked on TipRanks, PayPal (PYPL) carries a Hold consensus rating. The 12-month average price target for the payment stock is $48.71, implying about 11.07% upside from current levels. This outlook reflects cautious optimism among investors, as they hold onto the hope of stronger growth signals. For more information about PYPL, investors can track its ratings, price targets, and performance on the TipRanks Stocks Comparison Center.
