PayPal Completes First Commercial Transaction Using PYUSD Stablecoin

According to BlockBeats, on October 4, PayPal successfully completed its first commercial transaction using its stablecoin, PYUSD. This marks a significant milestone for digital currency in the B2B payment sector. In related news, cross-chain protocol Meson.fi has announced support for PYUSD cross-chain transactions. The platform will provide API interfaces for businesses and merchants, enabling them to directly integrate these services into decentralized applications. The initial networks to support this feature are Ethereum (ETH) and Solana. This initiative is expected to accelerate the circulation and innovation of PYUSD within the DeFi ecosystem, further advancing the development and application of digital currency in the PayFi sector.