CoinScoopPayPal launches PYUSDx stablecoin issuance platform
PayPal has officially launched PYUSDx, a developer platform designed to help enterprises issue custom stablecoins backed by PayPal USD (PYUSD). Developed with support from M0 and MoonPay, the platform has already facilitated over $100 million in transaction volume through early adopters like Saturn, Concrete, and Cap.
Summaries are written by AI from the original article. Not investment advice.