Fireblocks has announced a $1 million grant program aimed at increasing the adoption of PayPal's stablecoin, PYUSD. The initiative encourages developers to create innovative payment solutions and real-world use cases utilizing PYUSD. Developers can earn grants of up to $60,000 and receive wallet fee rebates. Currently, the market capitalization of PYUSD is over $600 million, having briefly reached $1 billion. Fireblocks is collaborating with Paxos to promote this program, which is part of a broader effort to enhance stablecoin adoption in the financial ecosystem.