PANews reported on February 26 that according to Bloomberg, PayPal plans to increase the adoption of its stablecoin PYUSD in 2025. It will launch a bill payment product that will allow its more than 20 million small and medium-sized merchants to choose to use PYUSD to pay suppliers. In addition, PayPal plans to add PYUSD as an option for global payments through Hyperwallet, a business that helps organizations send batch payments to contractors, freelancers or sellers around the world. PayPal acquired Hyperwallet for $400 million in 2018 and plans to launch PYUSD payments in the first half of this year. By the end of 2025, the business will also allow merchants to settle PayPal checkout transactions in cryptocurrency.