PayPal’s Stablecoin Lands on Polygon With Built-In Compliance and Fiat Access
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PayPal’s US dollar-backed stablecoin PYUSD has launched natively on the Polygon blockchain via issuance by Paxos, marking a notable token launch in the crypto payments space. The integration allows businesses to use PYUSD for cross-border payments through Polygon’s Open Money Stack and access the token directly via existing wallets, fiat ramps and compliance services, supporting faster adoption and on‑chain payment utility.
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PayPal’s US dollar-backed stablecoin, PYUSD, has launched on the Polygon blockchain through a native issuance by Paxos. The latest move allows businesses to use the token for cross-border payments through Polygon’s Open Money Stack.
Companies already processing payments on Polygon can now access PYUSD directly through the wallets, fiat ramps, and compliance services they already use.
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