PYUSDx stablecoin platform crosses $100 million in scale
New York, NY, USA, September 9th, 2026, Chainwire
As stablecoin issuance and usage accelerate, the PYUSD ecosystem is expanding alongside it.
PayPal
Saturn, Concrete, and Cap have launched stablecoins on the PYUSDx platform with over $100 million in processed volume, demonstrating how a single infrastructure can underpin fundamentally different financial products across credit, investments, and DeFi.
About PayPal USD (PYUSD)
PayPal USD is issued by Paxos Trust Company, N.A., a federally regulated national trust bank overseen by the Office of the Comptroller of the Currency (OCC). Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S. Treasuries and similar...