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