PayPal Debuts Developer Platform Tied to PYUSD Stablecoin

PayPal , M0 and MoonPay have launched a platform that lets businesses and developers launch financial products on top of PayPal’s stablecoin. According to an announcement from M0 Wednesday (Sept. 9), PYUSDx launched with three live projects — Saturn, Concrete and Cap — with more than $100 million in processed volume on the platform.