Explore our PYUSDx platform. Launch your own branded stablecoin with @moonpay issuance and distribution infrastructure. Backed by ethereum:0x6c3ea9036406852006290770bedfcaba0e23a0e8 in partnership with @PayPal Less infrastructure to build. Faster time to market. Larn more:

We're partnering with @PayPal to launch #PYUSDx# to bring application specific stablecoins to the world. What if launching your own stablecoin didn’t require building a stablecoin from scratch? That’s the idea behind #PYUSDx# - now live. Built with @moonpay, @m0, and @PayPal, PYUSDx lets developers create application-specific stablecoins backed by solana:2b1kV6DkPAnxd5ixfnxCpjxmKwqjjaYmCZfHsFu24GXo, while inheriting the monetary infrastructure underneath. Builders can focus on what actually differentiates their stablecoin - distribution, utility, economics, and the experience around it. And it’s already being put to work. @USDai_Official is one of the first builders using PYUSDx to create stablecoin infrastructure purpose-built for the AI economy. Stablecoins are becoming increasingly specialized. The infrastructure underneath them shouldn’t have to be rebuilt every time. Want to learn more, DM me.

$CAP is the governance token of @CapApp, a credit protocol where dollar deposits mint cUSD and fund loans to vetted institutions. Each loan is covered by an underwriter’s own collateral. Investors include Franklin Templeton, and in September Cap became one of the first three issuers on PayPal’s PYUSDx. Swap $CAP now:

Stablecoin payments are moving further up the financial stack. The last month brought new payment rails, institutional FX infrastructure, bank-issued stablecoins and even confidential stablecoins, with different projects pushing the sector beyond simple onchain transfers. Here’s a round up of the last month across Stablecoin payments and neofinance platforms. — ● @circle • Acquired @tazapay, a cross-border payments infrastructure provider • Launched Arc mainnet, an L1 built specifically around financial markets, payments and agentic commerce • Launched StableFX, a 24/7 institutional FX engine, on Arc mainnet • Launched Gateway Fast Deposit, a feature that reduces USDC cross-chain balance funding latency by up to 40x ● @reapglobal • Launched its Virtual Asset Ledger, allowing users to spend Bitcoin and other digital assets directly through card balances • Partnered with @Visa to bring stablecoin-enabled credit card programs and 24/7 settlement to over 100 markets ● @0xfairblock • CUSD, the first confidential stablecoin went live, built on PYUSDx ● @worldmoney • Launched World Money, a self-custodial financial super app ● @osldotcom • Partnered with Waka to provide stablecoin-to-USD conversion and USD payouts for emerging-markets ● @thekorahq • Launched One Rail, integrating stablecoin payments directly into its cross-border payment infrastructure ● @networkonsocial • Launched the UAE’s first in-store pilot to enable payments using DDSC, an AED-backed stablecoin ● @Daya_HQ • Integrated @SuiNetwork as settlement infrastructure for gasless stablecoin transfers across its payment products ● @wirexapp • Publicly launched @wirex_one, its stablecoin-focused neobank, on @arc ● @VolanteTech • Integrated USDC workflows into its payments platform through a partnership with Circle ● @Fiserv • Launched its Digital Asset Platform ● @marqeta • Partnered with @BVNKFinance to add stablecoin-backed card capabilities to its issuing platform ● @tether • Partnered with @FasanaraCapital to launch StableFund, a $400M private credit vehicle ● @PayPal • Partnered with @M0 and @moonpay to launch PYUSDx, a developer platform that lets businesses create custom stablecoins backed by PYUSD ● @coinbase • Partnered with @Moov to bring stablecoin acceptance, settlement and real-time funding to community banks and credit unions ● @openstandard • Open Standard’s OUSD went live ● @Visa • Visa’s stablecoin settlement volume crossed a $20B annualized run rate, up more than 15x YoY ● @usbank • Executed a live cross-border transaction using USBDC, its dollar-backed stablecoin ● @BVNKFinance • Integrated @StellarOrg into its stablecoin payments platform ● @binance Pay • Became available at PayPay merchants across Japan, allowing eligible visitors to spend crypto directly from their Binance accounts — September’s developments point to a clear shift that stablecoins are becoming infrastructure for financial products, not merely products themselves. If the last phase was about putting dollars onchain, this phase is about making those dollars useful everywhere.

PYUSD Supply Turns Higher (#239#) $PYUSD added $15.83M of supply in a day against a -$3.84M week, with $48.08M of net mint/burn flow on the separate feed. pmUSD widened to 4,422 bps at $0.558. See the map.

PYUSD, the OCC-regulated stablecoin issued by Paxos, is now available on @Stable. Every transaction settles with sub-second finality and low fees, with the reliability to scale from everyday payments to institutional volume.

PYUSD is designed for peace of mind.​​ 🔹 Fully backed by US dollar reserves and cash equivalents​​ 🔹 Redeemable 1:1 for USD on PayPal, with zero fees​​ 🔹 Regulated and available in 70 markets​​ PYUSD — a stablecoin you can count on.

PYUSD on @StellarOrg is now supported on Kraken. Stellar is an open-source network built for fast, low-cost cross-border payments and tokenized assets. Deposit now →

PYUSD, the OCC-regulated stablecoin issued by Paxos, is now available on @0xPolygon and the Open Money Stack. Purpose-built for global payments, Polygon processes transactions in seconds and has moved more than $2.6 trillion in stablecoins onchain.