PayPal's stablecoin, PYUSD, is now compatible with LayerZero's cross-blockchain protocol, allowing seamless transfers between Ethereum and Solana. This integration eliminates the need for centralized platforms like Venmo or PayPal for such transactions. Despite hitting a $1 billion market cap in August, PYUSD's value has since dropped to $513 million, with a notable shift in circulation from Solana to Ethereum. PayPal continues to expand PYUSD's reach, partnering with Anchorage Digital and MoonPay. However, PYUSD still trails behind major stablecoins like USDT and USDC.