PayPal (NASDAQ: PYPL), M0, and MoonPay have taken PYUSDx from a February preview to a live developer platform.
PayPal, M0 and MoonPay launched PYUSDx, enabling customized PYUSD-backed stablecoins as its first three projects report over $100 million.
PayPal's strong earnings and PYUSD expansion highlight its growing influence in global finance, but regulatory shifts could impact future strategies. PayPal Q2 earnings beat estimates with $1.38 EPS and $8.68B revenue as PYUSD expansion accelerates.
Stripe and Advent International bid over $53 billion for PayPal at $60.50 per share. The board rejected it, but crypto implications of combining PYUSD with PayPal faces $53 billion takeover bid as Stripe and Advent International circle the payments giant.
Interactive Brokers added stablecoin withdrawals through USDC, PYUSD and RLUSD while expanding its crypto platform with nine additional tokens. Interactive Brokers adds USDC, PayPal USD, and RLUSD withdrawals alongside nine new tokens.
Mastercard has expanded its payment network to support stablecoin settlements across multiple blockchains and beyond traditional banking hours, adding support for six regulated dollar-backed tokens.
Mastercard adds USDC, PYUSD, and RLUSD to enable always-on card settlement worldwide
WalletConnect Pay added PayPal USD (PYUSD) as a payment method available across its entire merchant network. The integration allows users to spend PYUSD directly from their self-custodial wallets —including MetaMask, Trust and Ledger— without intermediate steps, bridges or additional tools.
PayPal just announced a partnership with Meta. The goal: one tap shopping on Facebook.