Hassan Maishera
The Injective team announced via X on Wednesday that it has integrated with PYUSD, the stablecoin issued by PayPal. Thanks to this latest development, Injective has become the first layer-1 to support the stablecoin released by PayPal and Paxos.
PYUSD can be onboarded from Ethereum & Solana onto Injective. dApps on Injective can utilize $PYUSD for lightning-fast payments, trading, DeFi, and more.
Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $30.24, up by 9% in the last 24 hours.
