PayPal launches PYUSDx platform for custom stablecoin creation
PayPal launched PYUSDx, a platform that lets businesses and developers create their own custom stablecoins, each fully backed by PayPal’s existing PYUSD token. PYUSDx was developed with stablecoin infrastructure provider M0 and crypto payments company MoonPay, launching with Saturn, Concrete, and Cap, which have collectively processed over $100M in volume. Other projects, including USD AI and Fairblock, are also joining the platform.
👉 coindesk.com/business/2026/09/09/paypal-expands-stablecoin-rails-with-launch-of-custom-token-issuance-platform
PayPal launched PYUSDx, a platform that lets businesses and developers create their own custom stablecoins, each fully backed by PayPal’s existing PYUSD token. PYUSDx was developed with stablecoin infrastructure provider M0 and crypto payments company MoonPay, launching with Saturn, Concrete, and Cap, which have collectively processed over $100M in volume. Other projects, including USD AI and Fairblock, are also joining the platform.
👉 coindesk.com/business/2026/09/09/paypal-expands-stablecoin-rails-with-launch-of-custom-token-issuance-platform
