BlockBeats reported that on October 4, Bloomberg reported that PayPal has completed its first commercial transaction using its stablecoin PYUSD, marking a major breakthrough for digital currency in the B2B payment field.
At the same time, the cross-chain protocol Meson.fi announced that it will support cross-chain transactions of PYUSD and provide API interfaces for corporate and merchant users to help them directly call related services in decentralized applications. It is reported that the first networks to go online are Ethereum (ETH) and Solana. This move will also accelerate the circulation and innovation of PYUSD in the DeFi ecosystem, and further promote the development and application of digital currency in the PayFi field.