Venmo Enables Stablecoin Transactions for 67M Users with PYUSD Support

Venmo has rolled out support for PYUSD stablecoin transactions to its user base of over 67 million account holders, allowing them to buy, sell, and send the PayPal-backed stablecoin directly within the app.

The move marks one of the largest single expansions of stablecoin access inside a mainstream U.S. payments app to date.

This integration brings regulated stablecoins into household-name payments apps, potentially nudging everyday consumers toward crypto without them necessarily thinking of it that way.