# Add Support for a PayPal $PYUSD Market on Liqwid (Wanchain-Cardano Bridge)

**URL:** <https://gov.liqwid.finance/t/add-support-for-a-paypal-pyusd-market-on-liqwid-wanchain-cardano-bridge/1844>\
**Category:** New Markets\
**Created:** [April 17, 2025, 3:45pm UTC](https://gov.liqwid.finance/t/add-support-for-a-paypal-pyusd-market-on-liqwid-wanchain-cardano-bridge/1844 "2025-04-17T15:45:44Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![DC1](https://yyz2.discourse-cdn.com/flex010/user_avatar/gov.liqwid.finance/dc1/32/171_2.png) [@DC1](https://gov.liqwid.finance/u/DC1)\
**Post date:** [April 17, 2025, 3:45pm UTC](https://gov.liqwid.finance/t/add-support-for-a-paypal-pyusd-market-on-liqwid-wanchain-cardano-bridge/1844/1 "2025-04-17T15:45:44Z")

</div>

**Summary**  
This is a proposal for creating a new liquidity market to support PayPal’s PYUSD stablecoin token for lending and borrowing on the Liqwid protocol via the Wanchain bridge.

[https://www.coingecko.com/en/coins/paypal-usd](https://www.coingecko.com/en/coins/paypal-usd)

> **[PayPal Stablecoin | US Dollar Cryptocurrency](https://www.paypal.com/us/digital-wallet/manage-money/crypto/pyusd)**
>
> PayPal Stablecoin is a US dollar cryptocurrency now available to consumers. Learn more about our stablecoin and how to buy it here.

[https://defillama.com/stablecoin/paypal-usd](https://defillama.com/stablecoin/paypal-usd)

**Project & Token Overview**  
PayPal USD is designed to maintain a stable $1 USD value. It’s backed by dollar deposits, US treasuries, and cash equivalents.

Users can buy, sell, hold, and transfer it directly from the PayPal app.

**PYUSD Market Reasoning**  
USD stablecoin markets are the most utilized and high volume markets in the Liqwid protocol. PayPal is a large payments and finance business entering web3 with PYUSD stablecoin.

PayPal USD has quickly grown to 859M Circulating Supply since launching 1.5 years ago with most supply deposited on Ethereum, Berachain and Solana. Wanchain-Cardano Bridge supports 2 of these 3 networks.

**Risk Considerations**  
Bridging risks exists. To mitigate this PYUSD will receive collateral power **only** against other Wanchain bridged assets.

**Suggested PYUSD Market Parameters**  
PYUSD Market proposed interest rates parameters are the same as the other stablecoins listed on Liqwid, such as wanUSDC or USDM.

**Interest rate market parameters:**  
BaseRate 5.00%  
utilMultiplier 4.00%  
utilmultiplierjump 775.00%  
Kink rate 90.00%

**Risk Parameters**  
LiquidationLTV Threshold: 80.00%  
MaxLTV: 79.90%  
Liquidation Penalty: 10.00%  
Liquidation Profitability:11.11%

**Specifications**  
Liqwid Labs developers have completed the necessary technical requirements for deploying a Wanchain bridged PYUSD market.

**Conclusion**  
The Core Team strongly recommends the adoption of this proposal to add support for a Wanchain bridged PYUSD market for lending and borrowing on Liqwid.

Do you support this proposal?

_Poll ([view on site](https://gov.liqwid.finance/t/add-support-for-a-paypal-pyusd-market-on-liqwid-wanchain-cardano-bridge/1844/1))_