PYUSDx is live and growing fast. You can build a liquid stablecoin today to power your product. PYUSDx is first and foremost a developer platform to enable teams to design and develop custom stablecoins. It provides onchain and cross-chain primitives, reserve operations and liquidity orchestration APIs built by @m0 and @moonpay. These custom stablecoins are backed by the similarly named token PYUSDx, issued, minted and redeemed by MoonPay Digital Assets Limited, and itself backed 1:1 by PayPal's PYUSD. As a builder you won't start from zero, with shared liquidity across the PYUSDx ecosystem and deep liquidity backed by PYUSD. Imagine going from @saturn_credit's stablecoin to @CapApp's, two of our launch partners, and to PYUSD, all 1:1, in size, and without market impact. Check MoonPay Enterprise issuance docs, and DMs are open!

A few notes on the launch of PayBox. The first real crypto ux breakthrough was browser extensions. They were not perfect initially (odd ux until recently with side panels) but they brought signing to the dominant runtime: web browsers. Dominant as in it’s where most user activity was done. Second was mobile but app switching between browser and signer didn’t always work well and we had to put a browser (the dominant runtime) inside the signing app / wallet. The UX improved to a point that most day to day retail signing today happens on mobile. The third one I think will be the PayBox model (that we just shipped at @moonpay): embed signing into the emerging dominant runtime: LLM chats. It’s simpler UI with the familiar chat interface driven by user intents and guardrails. This is not the final form but possibly the beginning of a new shift in signing ux because there is a new dominant runtime.