By Isaac • September 9, 2026 11:47 am •
PayPal is pushing its stablecoin strategy beyond a single digital dollar.
The payments company has joined M0 and MoonPay to launch PYUSDx, a developer platform that lets businesses create their own onchain products while using PayPal USD as the reserve foundation. Three projects are already live, and the platform says it has processed more than $100 million.
PYUSD Becomes Developer Infrastructure
M0 Research says PYUSDx was built to give developers a trusted monetary base without forcing each company to recreate reserves, liquidity, compliance controls, and cross-chain infrastructure from scratch.
The platform arrives as stablecoin circulation sits near $303 billion and monthly transfer volume has reached trillions of dollars. M0 argues that the next stage of adoption
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