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MoonPay, M0 and PayPal Announce PYUSDx: The Infrastructure Platform for PYUSD-Backed Stablecoins
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MoonPay, M0 and PayPal Announce PYUSDx: The Infrastructure Platform for PYUSD-Backed Stablecoins
MoonPay and M0 introduced PYUSDx*, a new offering that enables the creation of application-specific stablecoins backed by PayPal USD (PYUSD). PYUSDx is designed to help builders launch and scale application-specific stablecoins while significantly lowering the technical and operational overhead to get started. The market is moving quickly toward application-specific stablecoins designed for specific ecosystems, protocols, and business models. Th…
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