Tokenized PayPal's PYUSD Stablecoin Adds $1.3bn in Supply Ft. David Weber
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Oct 16, 2025 David Weber, Head of the PYUSD ecosystem at PayPal, dives into the excitement surrounding PayPal's stablecoin strategy. He reveals how PYUSD recently surged by $1.3 billion, discussing incentives for merchant adoption and the integration with Venmo alongside a lucrative rewards program. Weber highlights the rapid adoption of stablecoins in regions like Latin America, and the innovative potential of AI-backed stablecoins and crypto-powered credit cards in emerging markets. His insights shed light on the future of digital payments and financial inclusion.
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New Chains Create 'Stable' Homes For Supply
- New layer-1s (Plasma, Tempo, Arc) are carving niche 'stable' ecosystems and attracting rapid stablecoin supply growth.
- Protocols and issuers prefer proliferating stablecoins across many chains rather than betting on one winner.
Zero Fees Unlock Payments Use Cases
- Gasless and near-zero fee transactions materially improve payments use cases for stablecoins.
- PayPal prioritized low-fee chains like Solana to support everyday payments and reduce friction.
Deploy Incentives To Build Sticky Liquidity
- Use targeted incentives and select partners that create lasting demand and sticky liquidity for PYUSD.
- Pair incentive programs with PayPal product rollouts to convert created supply into organic demand.