Spark joins forces with @PayPal to grow PYUSD supply by $1 billion within the coming weeks. Having already reached 200m deposits, this milestone reflects both the demand for PYUSD and the effectiveness of Spark’s stablecoin bootstrapping framework.

PayPal built the first global digital payment network at the onset of the internet age. In 2023, they were the first major fintech company to launch a stablecoin with PYUSD. With PYUSD0, PayPal and LayerZero are working to drive greater availability of PYUSD across blockchains.