Stellar’s $1 Target Emerges After PayPal PYUSD Integration as XLM Tests Critical Resistance ⋆ ZyCrypto

Stellar Joins MoneyGram Board – Implications of Ripple Rival’s Move

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PayPal recently launched its US dollar-backed stablecoin, PYUSD, on the Stellar blockchain, delivering faster, cheaper, and more efficient digital payments while bridging traditional finance and blockchain.

Stellar’s high-performance blockchain, with 5-second finality and minimal fees, makes it ideal for real-world stablecoins. 

By launching PYUSD on Stellar, PayPal enables fast, low-cost global transfers, bypassing traditional banking delays and legacy blockchain bottlenecks.

Notably, PYUSD on Stellar stands out for its compatibility with Stellar Asset Contracts, enabling developers and businesses to create programmable contracts directly with the stablecoin.

This unlocks automated payments, conditional disbursements, and DeFi applications, turning a reliable USD-backed token into a versatile tool for modern financial use cases.

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By launching PYUSD on Stellar, PayPal strengthens its foothold in the digital asset ecosystem. 

Unlike Ethereum-based stablecoins, Stellar’s low-cost, high-speed network offers a practical, scalable solution for everyday payments, potentially accelerating adoption among merchants and consumers and positioning PayPal as a leader in mainstream blockchain payments.

Stellar Eyes $1: Top Analyst Highlights Key Breakout Level

Renowned market analyst Ali Martinez has acknowledged $0.50 as Stellar’s (XLM) make-or-break level. A decisive breakout above it could fuel a rally toward $1, marking a pivotal bullish move in the coming weeks.

Source: Ali Martinez

Martinez notes XLM is consolidating just below $0.50, a pattern that often signals an imminent breakout as buying pressure builds and sellers retreat.

Therefore, sustained momentum could propel XLM toward the $1 mark, a key psychological level likely to draw further inflows.

At the time of this writing, XLM was trading at $0.37, representing a 3.7% increase in the past 24 hours, according to CoinGecko data. 



Source: https://zycrypto.com/stellars-1-target-emerges-after-paypal-pyusd-integration-as-xlm-tests-critical-resistance/