PayPal Launches PYUSDx to Expand Stablecoin Issuance
PayPal has launched PYUSDx, a stablecoin issuance platform designed to allow businesses to create custom digital currencies backed by PayPal USD (PYUSD), expanding the payments company’s efforts to build infrastructure around dollar-denominated digital assets. The US-based payments company developed PYUSDx in partnership with M0, a provider of infrastructure for fiat-pegged tokens, and MoonPay, a crypto [...] The post PayPal Launches PYUSDx to Expand Stablecoin Issuance appeared first on CoinTrust .
PayPal has launched PYUSDx, a stablecoin issuance platform designed to allow businesses to create custom digital currencies backed by PayPal USD (PYUSD), expanding the payments company’s efforts to build infrastructure around dollar-denominated digital assets. The US-based payments company developed PYUSDx in partnership with M0, a provider of infrastructure for fiat-pegged tokens, and MoonPay, a crypto [...] The post PayPal Launches PYUSDx to Expand Stablecoin Issuance appeared first on CoinTrust .