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<\/span><\/p>\n September 9th, 2026 \u2013 New York, NY, USA<\/i><\/p>\n\n PayPal<\/a>, M0<\/a>, and MoonPay<\/a> announced the public launch of PYUSDx, a platform that gives any business the infrastructure to launch its own custom stablecoin backed by PayPal USD (PYUSD), with Saturn<\/a>, Concrete<\/a>, and Cap<\/a> live on the platform today.<\/p>\n \u201cThe stablecoin market is maturing fast. What separates the next phase from the last isn\u2019t the asset. It\u2019s what companies can do with it. PYUSDx is designed to answer that,\u201d said May Zabaneh, Senior Vice President and General Manager of Crypto at PayPal.<\/em><\/p>\n Builders have historically had three options when it comes to stablecoins: use an existing asset, build their own from scratch, or partner with infrastructure providers like M0 and MoonPay to create a custom stablecoin without developing the underlying technology. PYUSDx extends that third path to PayPal\u2019s ecosystem and PYUSD rails.<\/p>\n Saturn, Concrete, and Cap have launched stablecoins on the PYUSDx platform with over $100 million in processed volume, demonstrating how a single infrastructure can underpin fundamentally different financial products across credit, investments, and DeFi.<\/p>\n \u201cEvery stablecoin platform makes choices about which layers to bundle together and which to leave open,\u201d said Luca Prosperi, CEO and Co-founder of M0. \u201cWe built PYUSDx so the product layer belongs to the builder. The three companies launching on it today are each making a different product, and that\u2019s the entire point.\u201d<\/em><\/p>\n PYUSDx tokens are issued by MoonPay Digital Assets Limited. The platform combines M0\u2019s universal stablecoin and digital token technology with MoonPay\u2019s issuance and distribution infrastructure.\u00a0<\/p>\n \u201cThe significance of PYUSDx crossing $100 million is that the scale comes from builders using the same infrastructure in entirely different ways,\u201d said Zach Kwartler, Head of Stablecoins at MoonPay. \u201cA credit platform, an onchain vault, and a Bitcoin-backed product shouldn\u2019t each have to build their own stablecoin infrastructure from scratch. The PYUSDx platform gives builders an easily accessible, end-to-end issuance stack, so they can focus on what makes their stablecoin unique.\u201d<\/em><\/p>\n Additional companies are launching stablecoins on PYUSDx, including USD.AI<\/a> and Fairblock<\/a>,. Builders interested in PYUSDx can learn more at m0.org\/PYUSDx<\/a>.<\/p>\n About PayPal USD (PYUSD)<\/strong><\/p>\n PayPal USD is issued by Paxos Trust Company, N.A., a federally regulated national trust bank overseen by the Office of the Comptroller of the Currency (OCC). Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents, and PayPal USD can be bought or sold through PayPal and Venmo at a rate of $1.00 per PayPal USD.\u00a0\u00a0<\/p>\n PayPal Digital, Inc. (NMLS ID #: 2610315) is chartered as a limited purpose trust company by the New York State Department of Financial Services to engage in virtual currency business.<\/p>\n About PayPal<\/strong><\/p>\n PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https:\/\/www.paypal.com<\/a>.<\/p>\n About M0<\/strong><\/p>\n M0 gives businesses onchain solutions to build their own tokenized finance products. The technology is proven at scale, powering live tokenized finance and stablecoin products for partners around the world, secured and transparent with independent audits from the industry\u2019s leading firms. Teams get up and running with less lift by tapping into an existing onchain network, with multi-chain compatibility and liquidity handled seamlessly. M0 is building the digital monetary network for a world where open financial systems win and proliferate, maturing and improving how global finance operates. Learn more at https:\/\/www.m0.org<\/a>.\u00a0<\/p>\n About MoonPay<\/strong><\/p>\n Founded in 2019, MoonPay is a global financial technology company that helps businesses and consumers move value across fiat and digital assets. MoonPay has more than 30 million customers across 180 countries and supports more than 500 enterprise customers spanning crypto and fintech. MoonPay powers ramps, trading, commerce, and stablecoin infrastructure, connecting traditional payment rails with blockchains. MoonPay maintains a broad regulatory footprint, including a New York BitLicense, a New York Limited Purpose Trust Charter, and money transmitter licenses across the United States, as well as MiCA authorization in the EU. MoonPay Digital Assets Limited provides stablecoin and digital token issuance and distribution capabilities for Web3 builders, including PYUSDx. Learn more at https:\/\/www.moonpay.com<\/a>.<\/p>\n Lauren Bukoskey<\/strong> <\/p>\n Follow Us on X<\/a> Facebook<\/a> Telegram<\/a><\/span><\/p>\n Check out the Latest Industry Announcements<\/a> <\/span>\u00a0<\/p>\n<\/div>\n \u00a0 The post PYUSDx stablecoin platform crosses $100 million in scale<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" September 9th, 2026 \u2013 New York, NY, USA class=\u201dql-align-center\u201d>As stablecoin issuance and usage accelerate, the PYUSD ecosystem is expanding alongside it. PayPal becomes one of the first global consumer payments brands to transform its stablecoin into a developer platform: PYUSDx, built by M0 with reserve operations from MoonPay, makes PYUSD the backbone for a new […]<\/p>\n","protected":false},"author":1,"featured_media":50810,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-50809","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"\n
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class=\u201dql-align-center\u201d>As stablecoin issuance and usage accelerate, the PYUSD ecosystem is expanding alongside it.<\/strong>\n<\/div>\n<\/h5>\n<\/blockquote>\n\n
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Contact<\/h5>\n
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