PayPal and MoonPay launch a platform for creating PYUSD-backed stablecoins

MoonPay launches PYUSDx, a token factory fully backed by PayPal’s PYUSD stablecoin.

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The fact

The platform enables businesses to customize their own stablecoins on the blockchain.

This partnership aims to speed up the adoption of digital assets in payments.

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Auto-synthesis from 1 media source · identified on August 14, 2026