PayPal launches custom stablecoin issuance platform PYUSDx, having processed over $100 million in transaction volume
2026-09-09 14:07
Odaily News - PayPal has officially launched the custom stablecoin developer platform PYUSDx. The platform was built with the assistance of fiat-pegged token expert M0 and crypto payment company MoonPay, providing enterprises with the infrastructure to issue 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 processed volume to the platform.
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