Paypal is one of the evil payment gateways of our time. They have killed more ebay shops and the sellers than anything. A lot of the people have lost their lifetime earnings storing it on the paypal. And some of them even had random payment closed too. Yet they continue to be the leaders of the payment gateway and they even made the PYUSD as the stablecoin too. So they have part to play long term with expansion on multiple chains.
Now they are making the moves and expanding on multiple busy chains. And this has made them pretty stable and comfortable long term for the Ethereum based chains.
Now that PYUSD is deployed onto the arbitrum. They can use it as an alternative like the USDT, USDC and other stablecoins. And this would also increase the cashflow of the PYUSD and that would help them sell quickly and lot easier on variety of swaps, DEX, P2P and other payment portals.
Considering the fees of arbitrum is pretty low so that would also benefit the PYUSD and the way that has been going on. It can make sense to have the PYUSD reasonable stablecoin in most of the payout portals and the games. Because such type of stablecoin can be good as they have the micro payment capacity too.
Though I personally prefer the USDC/EUR for the EU region payments. I think the PYUSD would expand and may be not much get the controlling type in the exchanges in the near future too. As of now there is not much takers in Asia for them as USDC happens to be more famous. let's see where the PYUSD lands after this integration.
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