Coinbase and PayPal stated they will support developers building PYUSD-enabled DeFi and Web3 applications through collaborative exploration and infrastructure integration

Quotes that support claims

This includes support for developers building apps that integrate stablecoins into automated financial services and Web3 platforms

The collaboration will also include DeFi exploration, with Coinbase and PayPal agreeing to explore new use cases for PYUSD in DeFi and on-chain platforms.