PayPal's PYUSD Launches on Stellar to "Revolutionize Commerce" | Markets Outlook
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CoinDesk
4.7 • 698 Ratings
🗓️ 20 September 2025
⏱️ 8 minutes
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| 0:00.0 | Now we're joined by Larry Wade, Global Head of Compliance and Regulatory Relations for Crypto at PayPal, and Jose Fernandez-Depante, President and Chief Growth Officer at the Stellar Development Foundation. |
| 0:17.1 | Guys, yes. |
| 0:18.1 | Are you ready for it? |
| 0:19.2 | Ready. |
| 0:19.7 | All right. |
| 0:20.1 | Who's going to do it? |
| 0:20.6 | Larry? I got it. I got it. Well, one, extremely for it? Ready. All right. Who's going to do it? Larry? |
| 0:21.0 | I got it. |
| 0:21.5 | I got it. |
| 0:22.5 | Well, one, extremely thankful to be here. |
| 0:25.4 | Awesome. |
| 0:26.7 | Breaking news, we are now officially live with PYUSD on Stellar. |
| 0:31.4 | Extremely excited. |
| 0:32.6 | Great partnership with Jose and Stella Foundation. |
| 0:35.2 | And we cannot wait to deploy this chain and really help |
| 0:39.0 | to revolutionize commerce. So we're excited. All right. So we have PYUSD on Stellar. Jose. We are |
| 0:45.4 | merging the two worlds that I at least know you from. Talk to us a little bit about what this |
| 0:50.8 | means for Stellar to have the PayPal stable coin on the Stellar Network? |
| 0:55.5 | Then peanut butter and jelly. So these are two of the favorite things that I have. I think |
| 0:59.6 | that is, it's incredibly relevant. If you think of PayPal and PSD, PUSD is obviously the OG |
| 1:05.6 | of stable coins issued by large fintex. PayPal went to their space way before it was fashionable. |
| 1:12.4 | It's one of the largest stable coins issued in the U.S. or $1.3 billion in market cap. |
... |
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