Plume Taps Into PayPal USD to Power New PayFi Vault
Plume, a layer 1 blockchain for real-world asset finance, plans to launch a new payment finance product offering real yield use cases powered by the PayPal USD stablecoin.
The PayPal USD (PYUSD)-powered PayFi Vault, dubbed nPAYFI, will go live on Plume Network’s yield streaming platform Nest. PYUSD is currently the eighth-largest stablecoin with a market cap of over $759 million.
According to an announcement, Plume aims to bring payment financing on-chain through this new vault. With stablecoins playing a major role in the real-world asset market, Plume expects to leverage PayPal USD as a liquidity layer.
Using the U.S. dollar-pegged stablecoin will not only enhance global accessibility but also provide yield-generating opportunities.
You might also like: PayPal to expand PYUSD for global payments in 2025
nPAYFI will allow users to tap into yield from RWA payment inflows, including invoices, receivables and payment obligations.
According to Plume’s blog post, nPAYFI will also support inventory management, global trade, and commerce. The yield generated will allow businesses to redeploy freed-up capital into other operations.
“RWA-backed stablecoins have evolved beyond just a medium of exchange; they are becoming the backbone of short-term financing solutions,” Teddy Pornprinya, co-founder of Plume, said. “The new PayFi Vault on Nest is a major step toward offering yield from the full potential of onchain payment financing, offering faster settlements, lower costs, and greater financial inclusion.”
Plume’s layer 1 blockchain supports more than 180 protocols and has a $25 million ecosystem fund for early-stage real-world asset finance projects. The project’s composable, Ethereum Virtual Machine-compatible environment allows for seamless on-chain integration and onboarding.
Notable partnerships in recent months include collaborations with Music Protocol, Superstate, and Ondo Finance.
Through its collaboration with Music Protocol, Plume enables the tokenized music royalties platform to bring intellectual property rights on-chain, benefiting projects focused on real estate, private credit, and other real-world assets.
Plume raised $20 million in a Series A funding round in December 2024.
You might also like: Superstate taps Plume Network to power RWAfi expansion

The recent crypto market volatility shows that no bull run is linear.
While some may have been rattled by Bitcoin’s >20% drawdown to $78K last week, historical cycles show that such corrections are par for the course.
Looking back at $BTC’s 2017 and 2021 bull runs, multiple pullbacks of 25% or more occurred before new highs were reached.
This time, however, macro forces and regulatory uncertainties add an extra layer of complexity.
◢ Market Resilience Amid Bybit’s Hack & Broader Sell-Off
Despite the backdrop of Bybit’s security breach, which saw an estimated $25M drained from user accounts, the market remained relatively resilient.
In past cycles, major exchange hacks (such as Mt. Gox in 2014 or Binance’s $40M $BTC hack in 2019) led to prolonged periods of uncertainty. This time, the rapid recovery suggests that market structure has evolved, with deeper liquidity, better risk management, and a more mature investor base.
However, the real test of resilience came from Bitcoin’s sharp correction. The drop below $80K wiped out excessive leverage, evidenced by over $800M in liquidations across long positions.
These shakeouts are necessary to reset market positioning and reduce the frothiness that had been building up. Open interest in $BTC futures dropped significantly, signaling a cooling-off period, but funding rates have stabilized, suggesting that speculative excess has been flushed out, maybe for now.
◢ Trump’s “US Crypto Strategic Reserve”
Over the weekend, the market got a lifeline of optimism after Trump’s unexpected announcement to establish a "Crypto Strategic Reserve" featuring $BTC, $ETH, $SOL, $XRP, and $ADA.
The News initially sparked a short-lived rally, but prices have since retraced, with $BTC, $ETH, and $SOL returning to pre-announcement levels.
The lack of clarity on why these assets were chosen or what the reserve's purpose is kinda fishy tho. Like, why did they include $XRP and $ADA, and leave out other major players like $BNB or $TRON?
While regulatory clarity and political support could be long-term catalysts, traders should be more focused on near-term price action.
Market’s failure to sustain gains post-announcement highlights a key theme: bullish news isn’t enough to sustain momentum if macro headwinds and liquidity conditions don’t support it.
◢ Key Levels & Macro Catalysts To Watch
With $BTC still hovering below key resistance levels, what comes next?
> Short-term
$BTC needs to reclaim $85K-$90K to re-establish momentum, with $80K as strong support.
Funding rates remain neutral, suggesting neither excessive bullish nor bearish positioning.
> Macro Forces
The upcoming FOMC meeting and CPI print will be crucial in determining risk appetite.
If inflation remains sticky, rate-cut expectations may shift, impacting liquidity flows into crypto.
> ETF Flows
Spot Bitcoin ETF inflows have slowed, with outflows from GBTC offsetting demand. However, if institutional buying picks up, it could provide a strong bid for $BTC.
✍️ My Take
For now, the focus should be on whether $BTC can reclaim key levels and whether institutional flows return in strength.
While short-term volatility is inevitable, the long-term bull case remains intact, so long as the structural demand drivers (ETF flows, institutional adoption, and macro trends) continue to evolve in crypto’s favor.
Why Samson Mow Criticizes Trump’s Cryptocurrency Reserve Strategy
Samson Mow, CEO of JAN3 and a well-known bitcoin advocate, stated his doubts about the U.S. strategic bitcoin and cryptocurrency reserve through his X platform updates.
Mow raised issues with the possibility that such a reserve could be formed by unilateral decisions and indicated that such a reserve would require a formal process all the way from legislative approval. He questioned:
“Can Trump actually just dictate what things going into a reserve? I don’t think so. There will need to be a report/proposal from the working group and then Congress will need to pass legislation.”
Mow Questions Altcoin Inclusion in U.S. Crypto Reserve
Mow also doubted the inclusion of altcoins such as XRP, Solana (SOL), Cardano (ADA) or Ethereum (ETH) that Trump had previously included. He also said that the announcement may not be a definite policy directive, but something politically driven.
Mow speculated the post could have been a political or financial play, as opposed to some kind of serious policy directive. He also claimed that the post could also have helped the interests of some traders or lobbyists, saying: The post could have also been useful for lobbyists and donors of Cardano or Ripple.
There is a reason to pump those coins now, especially, because once a real report comes out with a list of coins or whatever criteria, it’s too late.
Unregulated Crypto Reserve Could Harm U.S., Mow Warns
Mow also warned of wider consequences of allowing a president to unilaterally pick what digital assets should be in a national reserve, beyond market speculation. He warned:
“If Trump can somehow just unilaterally pick random shitcoins to put into a national reserve, well, that is just very bad for the U.S. Things stop making sense. It’s now a free-for-all.”
Mow suggested that the reserve assets selection be more determined through proof of work cryptocurrencies with proven track records. At the same time, Bitcoin would not be the only items in the reserve, as Litecoin, Monero could become part of it because of the established proof of work and long-term stability of the operation of such coins, he added.
Dogecoin’s Role in U.S. Crypto Reserve Sparks Debate
More specifically, Samson suggested that Dogecoin might be adopted by the reserve as his influence over Trump’s administration is great.
Mow highlighted the requirement for a well thought out approach to setting up a domestic crypto reserve. He warned that if the reserve is to become a speculative tool instead of a sound financial strategy, “preach prepare to accelerate into degeneracy like never before.”
Mow’s remarks continue the debate around whether or not the U.S. should hold crypto reserves. It remains to be seen whether the proposal becomes a structured policy or only remains a speculative one.
Conclusion
Mow recommends that the United States should develop organized plans for its crypto reserve system. Unclear rules let powerful figures and traders weaken support for the crypto reserve’s role. He wanted political leaders to make choices that create stable proven assets for a longer run instead of creating a market that focuses on short-term trading.
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FAQs
1. Why does Mow oppose Trump’s crypto reserve?
He argues it needs a formal process, not unilateral decisions, and may be politically motivated.
2. What market risks did Mow highlight?
He warned Trump’s announcement could benefit traders or lobbyists, artificially pumping certain altcoins.
3. Which cryptocurrencies does Mow support for the reserve?
He favors proof-of-work coins like Bitcoin, Litecoin, and Monero for their stability.
4. What’s the risk of including altcoins?
Mow warned it could turn the reserve into a speculative tool, destabilizing the market.
Glossary of Key Terms
Strategic Crypto Reserve – Proposed U.S. government-held crypto reserve.
Proof-of-Work (PoW) – Mining method used by Bitcoin.
Market Manipulation – Artificially influencing asset prices.
Exit Liquidity – Buyers enabling large sell-offs.
Merged Mining – Mining multiple coins simultaneously.
Shitcoin – Crypto with little to no value.
Reference
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