PYUSD，PayPal 的穩定幣，旨在徹底改變國際交易

PayPal 宣佈在數位支付的發展中邁出重要一步，利用 Xoom 服務透過其穩定幣 PayPal USD (PYUSD) 進行跨境交易。

PayPal is making waves in the world of digital payments once again. The company has announced that it will be using Xoom to facilitate cross-border transactions with its stablecoin, PayPal USD (PYUSD).

PayPal 再次在數位支付領域掀起波瀾。該公司宣布將使用 Xoom 促進其穩定​​幣 PayPal USD (PYUSD) 的跨境交易。

This move is part of a larger strategy to expand the use of stablecoins in international markets, particularly in Asia and Africa. The aim is to improve the efficiency of global transactions, especially during non-traditional banking hours, and to enhance access to financial services worldwide.

此舉是擴大穩定幣在國際市場（特別是亞洲和非洲）使用的更大策略的一部分。其目的是提高全球交易效率，特別是在非傳統銀行營業時間，並改善全球金融服務的可近性。

PYUSD, launched earlier this year, is pegged 1:1 to the US dollar and is issued by Paxos Trust Company, a recognized authority in the cryptocurrency sector. Since its launch, PYUSD has been facing the challenge of competing with established stablecoins like USDC from Circle Internet Financial. However, PayPal is investing resources to extend the impact and utility of its stablecoin.

PYUSD於今年稍早推出，與美元1:1掛鉤，由加密貨幣領域公認的權威機構Paxos Trust Company發行。自推出以來，PYUSD 一直面臨著與 Circle Internet Financial 的 USDC 等成熟穩定幣競爭的挑戰。然而，PayPal 正在投入資源來擴大其穩定幣的影響和效用。

In this endeavor, Xoom, Cebuana Lhuillier, and Yellow Card will play a crucial role in managing the distribution of payments in PYUSD, opening up new possibilities for customers in emerging markets.

在這項努力中，Xoom、Cebuana Lhuillier 和 Yellow Card 將在管理 PYUSD 支付分配方面發揮關鍵作用，為新興市場的客戶開闢新的可能性。

Commenting on the matter, Chris Maurice, CEO of Yellow Card, had the following to say:

Yellow Card 執行長 Chris Maurice 在評論此事時說：

“Stablecoins like PYUSD are transforming the global payments landscape, and thanks to our integrated infrastructure and technology, users will be able to move money more efficiently.”

“像 PYUSD 這樣的穩定幣正在改變全球支付格局，借助我們的整合基礎設施和技術，用戶將能夠更有效地轉移資金。”

With PYUSD, PayPal is aiming to not only improve accessibility but also ensure that transactions are simple and secure, especially for those living in regions with limited access to traditional banking services.

透過 PYUSD，PayPal 的目標不僅是提高可訪問性，而且還確保交易簡單且安全，特別是對於那些生活在傳統銀行服務受限地區的人們。

Moreover, thanks to the new partnership, cross-border transactions can also be settled outside of traditional banking hours, a crucial aspect for supporting trade and personal payments on a global level.

此外，由於新的合作夥伴關係，跨境交易也可以在傳統銀行營業時間之外進行結算，這是支持全球貿易和個人支付的一個重要方面。

Technology and Infrastructure Supporting the Stablecoin

支持穩定幣的技術和基礎設施

One of the key features of PYUSD is that it is compatible with the Ethereum ecosystem, being an ERC-20 token. This allows easy integration with various digital wallets, Web3 applications, and cryptocurrency exchanges, making the stablecoin highly flexible for developers and businesses.

PYUSD 的主要特點之一是它與以太坊生態系統相容，是一種 ERC-20 代幣。這可以輕鬆地與各種數位錢包、Web3 應用程式和加密貨幣交易所集成，使穩定幣對開發人員和企業高度靈活。

PayPal has been working consistently to ensure that PYUSD is adopted on a large scale, collaborating with major companies in the crypto sector.

PayPal 一直致力於與加密貨幣領域的主要公司合作，以確保 PYUSD 得到大規模採用。

During 2024, PayPal launched new integrations to enhance the use of PYUSD. Among these, a rewards program with Anchorage Digital. That is a cryptocurrency custodian, which incentivizes customers to hold PYUSD by offering rewards to holders.

2024 年期間，PayPal 推出了新的集成，以增強 PYUSD 的使用。其中包括 Anchorage Digital 的獎勵計劃。這是一個加密貨幣託管機構，透過向持有者提供獎勵來激勵客戶持有 PYUSD。

The company has also facilitated the purchase of cryptocurrencies using PayPal accounts, thanks to the partnership with MoonPay, a Web3 infrastructure provider.

由於與 Web3 基礎設施供應商 MoonPay 的合作，該公司還促進了使用 PayPal 帳戶購買加密貨幣。

PayPal then expanded its offerings by bringing PYUSD to the Solana blockchain, an operation carried out in collaboration with Crypto.com, Phantom, and Paxos.

隨後，PayPal 與 Crypto.com、Phantom 和 Paxos 合作，將 PYUSD 引入 Solana 區塊鏈，從而擴大了其產品範圍。

This operation has allowed users to access a blockchain network characterized by high speed and reduced transaction costs, increasing the possibilities of using the stablecoin.

該操作使用戶能夠訪問具有高速和降低交易成本特徵的區塊鏈網絡，增加了使用穩定幣的可能性。

The Challenge in the Stablecoin Market

穩定幣市場的挑戰

Despite the efforts and new collaborations, PYUSD still has to face strong competition from leading stablecoins like Tether’s USDT and Circle’s USDC.

儘管做出了努力和新的合作，PYUSD 仍然面臨來自 Tether 的 USDT 和 Circle 的 USDC 等領先穩定幣的激烈競爭。

With a market capitalization reaching 128 billion dollars and 37 billion dollars respectively, these two stablecoins dominate the sector.

這兩種穩定幣的市值分別達到1,280億美元和370億美元，在該領域佔據主導地位。

However, PayPal is focusing on its vast network of global users and technological innovations to bridge the gap and capture a larger market share.

然而，PayPal 正專注於其龐大的全球用戶網路和技術創新，以縮小差距並佔領更大的市場份額。

According to the most recent data, PYUSD is still building its user base and its transaction volume.

根據最新數據，PYUSD 仍在建立其用戶基礎和交易量。

However, the company stated that it is confident in the growth potential, considering that stablecoins are gaining more and more relevance in the global financial landscape.

然而，該公司表示，考慮到穩定幣在全球金融格局中越來越重要，它對成長潛力充滿信心。

With an infrastructure designed for scalability and security, PayPal aims to make a difference, also thanks to the support of its technological partners.

憑藉專為可擴展性和安全性而設計的基礎設施，PayPal 旨在有所作為，這也得益於其技術合作夥伴的支持。