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PayPal launches PYUSD-backed stablecoin issuance platform – TON BOT

PayPal launches PYUSD-backed stablecoin issuance platform

PayPal and MoonPay have launched PYUSDx, a platform for developers to create custom stablecoins backed by PayPal’s PYUSD. This reduces launch time from months to days and allows for app-specific stablecoins. USD.ai is the first project using the framework. The platform offers cross-chain compatibility and quick deployment.


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