PayPal’s stablecoin PYUSD (PayPal USD) is undergoing a major upgrade that could reshape its role in the crypto economy. Through its integration with LayerZero’s Stargate Hydra, PYUSD will now function as a true cross-chain stablecoin by expanding to nine additional blockchains, including Avalanche (AVAX), Aptos (APT), Sei (SEI), and Tron (TRX).

Solana (SOL) continues to capture Wall Street’s attention as infrastructure firm Helius successfully raised $500 million to fuel Solana-focused development and large-scale token acquisitions. The capital injection—backed by major institutional investors—signals increasing confidence in Solana’s blockchain ecosystem and its ability to compete directly with Ethereum in areas like DeFi, NFTs, and scalable dApps.

The price of Bitcoin (BTC) slipped below the critical $115,000 level after the U.S. Federal Reserve executed a widely anticipated 25-basis-point interest rate cut, lowering the benchmark range to 4.0%–4.25%. Despite the dovish shift, Bitcoin’s immediate reaction was muted, as traders weighed the Fed’s cautious stance on inflation, employment, and growth.