PayPal seeks to increase use of PYUSD stablecoin with native issuance on Polygon
The Block·
60-second summary
PayPal is expanding the use of its PYUSD stablecoin by issuing it natively on Polygon, in addition to making it available through Polygon's Open Money Stack. This move aims to increase adoption and accessibility of the stablecoin.
The company said its stablecoin will now be issued natively on Polygon, in addition to becoming available through Polygon's Open Money Stack.