PayPal broadens stablecoin infrastructure with bespoke token issuance platform
PayPal is taking another decisive step in the rapidly evolving world of digital assets by unveiling a new, purpose‑built platform for issuing stablecoins. This initiative, known as the PYUSDx developer platform, is designed to streamline the creation, management, and distribution of tokens that are pegged to the U.S. dollar, leveraging PayPal's own stablecoin, PYUSD, as the underlying asset. By c…
Sept. 9, 2026, 2 p.m.