DR1 Daily News - Dominican Republic

The 17 March 2026 rollout of PayPal USD (PYUSD) in the Dominican Republic marks a significant shift in how the country’s 850+ free zone companies can manage cross-border liquidity. With free zone exports exceeding US$8 billion annually, led by medical devices, electrical components, and tobacco, the integration of a dollar-pegged stablecoin addresses long-standing frictions in traditional banking corridors.

Strategic advantages for the export sectorAs the Dominican Republic positions itself as a regional semiconductor and logistics hub, the adoption of PYUSD offers three primary benefits to exporters:• Near-Instant Settlement: Traditional international wire transfers to the DR can take 1 to 5 business days. PYUSD allows for settlement in minutes, providing immediate access to working capital for raw material procurement.• Reduced Intermediary Fees: By bypassing the correspondent banking network, firms...