PayPal broadens stablecoin infrastructure via bespoke token issuance platform
PayPal is taking a decisive step forward in the world of digital assets by unveiling a new, purpose‑built platform for issuing its own stablecoin. The initiative, known as PYUSDx, extends the reach of PayPal USD (PYUSD) by providing developers, businesses, and financial institutions with a turnkey solution for creating, managing, and deploying custom tokens that are pegged to the U.S. dollar. Thi…
Sept. 9, 2026, 2 p.m.