PayPal Launches PYUSDx to Expand Stablecoin Issuance

{
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  "signal_type": "news",
  "signal_subtype": "signs_new_client",
  "detected_at": "2026-09-19T03:04:59+00:00",
  "company": {
    "name": "PayPal",
    "domain": "paypal.com"
  },
  "data": {
    "url": "https://www.cointrust.com/market-news/paypal-launches-pyusdx-to-expand-stablecoin-issuance/amp",
    "title": "PayPal Launches PYUSDx to Expand Stablecoin Issuance - CoinTrust",
    "excerpt": "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 payments company. The platform was initially announced in February 2026 and has now entered live operation, according to the companies. PYUSDx is designed to give businesses a way to issue custom stablecoins backed by PayPal USD, extending PYUSD beyond a token held and used directly by PayPal customers and into an infrastructure layer for other digital-asset projects. The platform combines M0’s stablecoin and token infrastructure with MoonPay’s capabilities for issuance and distribution. Tokens created through PYUSDx are managed through MoonPay Digital Assets Ltd., providing participating businesses with infrastructure for bringing their stablecoins into operation. At launch, PYUSDx is supporting stablecoins issued by three crypto-focused companies: Saturn, Concrete and Cap. The companies have collectively processed more than $100 million in volume through the platform, according to the companies involved. USD.AI and Fairblock are also introducing stablecoins through PYUSDx...",
    "summary": "Crypto-focused company Concrete has launched a stablecoin using PayPal's new PYUSDx platform.",
    "planning": false,
    "image_url": "https://www.cointrust.com/wp-content/uploads/2018/12/paypal.jpg",
    "confidence": 0.8,
    "published_at": "2026-09-19T03:04:59Z",
    "article_sentence": "At launch, PYUSDx is supporting stablecoins issued by three crypto-focused companies: Saturn, Concrete and Cap."
  }
}

curl https://signals.autobound.ai/v1/signals/3fc58ee0-67fa-8d8d-51a5-00447eeb8c31 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"paypal.com","limit":20}'