Developers building new financial and crypto experiences can now access the pyusdx stablecoin infrastructure to issue tailored digital dollars backed by PayPal USD.
MoonPay, M0 and PayPal unveil new PYUSDx framework
On Feb. 27, 2026 in New York, MoonPay and M0 announced PYUSDx, a new infrastructure platform that lets developers create application-specific stablecoins backed by PayPal USD (PYUSD). The solution aims to cut technical and operational complexity, allowing projects to launch their own stablecoins in days instead of months.
The push comes as the market shifts rapidly toward tailored digital assets optimized for specific ecosystems, protocols and business models. Moreover, the number of newly issued stablecoins with more than $10M in supply rose 89% in 2025 alone, underscoring strong demand for programmable, branded stablecoins.
However, many teams that want to issue such assets still face long integration cycles and heavy infrastructure requirements. PYUSDx is de
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