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PayPal’s crypto terms now list Arbitrum as a supported network for PYUSD
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Previously launched on Ethereum and later expanded to Solana
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No official announcement yet from PayPal
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Signals further adoption of Layer 2 scaling for stablecoin payments
Arbitrum Integration Confirmed in Policy Update
PayPal has discreetly added Arbitrum to the list of supported networks for its U.S. dollar-pegged stablecoin, PYUSD. The update, spotted in the platform’s terms and conditions page on July 16, confirms that PYUSD is now available on Ethereum, Solana, and Arbitrum.
The mention of Arbitrum wasn’t present in the previous version of the terms dated July 11, according to the Internet Archive’s Wayback Machine. This update suggests that Arbitrum support is either live or imminent, even though PayPal has yet to issue a formal announcement.
Layer 2 Adoption Expands PYUSD’s Reach
Originally launched in August 2023 on Ethereum, PYUSD was created in partnership with Paxos and designed to offer a digital dollar suitable for payments, commerce, and DeFi use cases. The stablecoin was later deployed on Solana in May 2024 to take advantage of lower fees and faster settlement times.
Now, with Arbitrum support, PYUSD gains exposure to Ethereum’s largest Layer 2 scaling network, offering cheaper and faster transactions while preserving Ethereum’s security model. The move aligns with PayPal’s broader ambition to lead the stablecoin payments sector in both traditional and Web3 commerce.
