PayPal Launches Platform for Issuing Stablecoins
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PayPal launches PYUSDx for stablecoin issuance. PayPal, in collaboration with M0 and MoonPay, has launched PYUSDx - a platform for creating company-branded stablecoins backed by PayPal USD (PYUSD). The first participants include Saturn, Concrete, and Cap. The tokens are issued by MoonPay Digital Assets. This solution enables businesses to issue their own coins without developing infrastructure from scratch. Follow ForkLog on social media
