This solution, which is currently in the developmental stage, employs a paymaster contract in conjunction with account abstraction and ERC-4337 technology
Through this partnership, Microsoft and Aptos Labs will have the chance to explore payment networks, central bank digital currencies (CBDCs), and asset tokenization
Paypal USD is supported by deposits in U.S. dollars, short-term U.S. Treasuries, and comparable cash equivalents. It will be accessible on PayPal first, and eventually on its well-known Venmo app.