PayPal launches PYUSD-backed stablecoin issuance platform

https://misryoum.com/us/markets/paypal-launches-pyusd-backed-stablecoin-issuance-platform/

PayPal and MoonPay have introduced a new platform that allows developers to create custom stablecoins backed by PayPal’s PYUSD. Summary PYUSDx lets developers issue app-specific stablecoins backed by PYUSD. The platform reduces launch time from months to days. USD.ai...

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