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Wire · operational-macro

PYUSDx stablecoin platform crosses $100 million in scale

9 September 2026 · By · Wire by Fusion42

Published

9 September 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at markets.businessinsider.com →

◆ Verified

Fusion42 · 9 September 2026 · Fusion42 review

PYUSDx, a stablecoin platform by PayPal, M0, and MoonPay, has surpassed $100 million in processed volume by enabling businesses to issue custom stablecoins backed by PYUSD, powering diverse financial products across credit, investments, and DeFi.

This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 9 Sep 2026 and 10 Sep 2026.

◆ ◆ The Wire takeaway

PayPal’s move to open PYUSD rails for custom stablecoins means you can launch your own branded stablecoin without building core tech. This lets you fast-track product innovation while piggybacking on PayPal’s trust and liquidity.

◆ Coverage

2 sources · first reported 9 Sep 2026 · latest 10 Sep 2026

◆ Related on Wire

◆ Topics

Fintechstablecoinfintechpaymentscrypto-infrastructuredecentralised-finance