PayPal Launches PYUSDx After $100M Milestone
Saturn, Concrete and Cap are the first projects on the platform, and the companies said they have processed more than $100 million at launch.
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Cryptocurrency News | Cryptocurrency Prices | Market CapPayPal launches PYUSDx after $100M milestone
PayPal, M0 and MoonPay launched PYUSDx, enabling customized PYUSD-backed stablecoins as its first three projects report over $100 million.
PYUSDx Tops $100M Volume as PayPal Opens PYUSD to Builders
M0, MoonPay and PayPal have launched PYUSDx, an infrastructure platform that allows businesses to issue customised stablecoins backed by PayPal USD. Saturn, Concrete and Cap are live at launch, with the companies reporting more than $100 million in processed volume across the platform. The figure measures activity processed by PYUSDx. It should not be read as the circulating supply of one new stablecoin or added to the total supply figures discl…
PayPal Stablecoin Launchpad PYUSDx Reaches $100 Million Volume
Key Insights: PayPal stablecoin infrastructure expanded on Sept. 9 as PYUSDx went live with more than $100 million in processed volume. The developer platform, built with M0 and MoonPay, launched with Saturn, Concrete, and Cap. It allows businesses to create configurable onchain products backed by PayPal USD. The launch gives PayPal another route to expand […]
M0 will be responsible for the technology platform, and MoonPay will be responsible for holding the reserve assets. M0, a stablecoin platform developer, is collaborating with US payment giant PayPal and cryptocurrency payment company MoonPay to develop the "P..." development platform.
PayPal's PYUSDx Clears $100M as Saturn, Concrete, and Cap Lead Early Wave
PayPal’s stablecoin platform just crossed a big number. PYUSDx — built with M0 and MoonPay — has processed over $100… Read the original on PayPal’s PYUSDx Surges Past $100M as Saturn, Concrete, and Cap Innovate with Custom Coins. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
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