MoonPay, PayPal, and M0 launch PYUSDx launchpad enabling DeFi builders to create stablecoins.
DeFi & Yields ·
MoonPay, PayPal, and M0 have launched PYUSDx, a launchpad designed to enable DeFi builders to create stablecoins. The platform combines MoonPay's fiat onramp and stablecoin infrastructure with PayPal's payment capabilities and M0's stablecoin issuance technology, creating a streamlined pathway for developers to launch native stablecoins on multiple blockchains.
The launchpad addresses a gap in stablecoin deployment by bundling regulatory compliance, fiat-to-crypto rails, and technical issuance mechanisms into a single interface. Rather than requiring builders to separately integrate payment processors, obtain compliance licensing, and configure blockchain infrastructure, PYUSDx consolidates these layers. MoonPay's aggregator model—which routes transactions across multiple bank and payment networks—forms the backbone of the fiat integration layer.
Details on PYUSDx's specific launch timeline, fee structure, supported chains, and which builders have committed to using the platform remain undisclosed. The announcement does not specify whether PayPal will provide direct settlement or serve in an advisory capacity, or what role each partner plays operationally in ongoing stablecoin issuance and management.