PayPal launches custom stablecoin issuance platform PYUSDx, having processed over $100 million in transaction volume
2026-09-09 14:07
Odaily Planet Daily News: PayPal has officially launched the custom stablecoin developer platform PYUSDx. Built with assistance from fiat-anchored token expert M0 and crypto payment company MoonPay, the platform provides enterprises with infrastructure for issuing custom stablecoins backed by PayPal USD (PYUSD). Saturn, Concrete, Cap, USD.AI, and Fairblock have already issued stablecoins on the platform, with tokens issued by Saturn, Concrete, and Cap having brought over $100 million in processing volume to the platform.
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