PayPal has announced that its PYUSD stablecoin will now be natively issued on the Polygon network, enhancing its integration into Polygon's Open Money Stack. This move aims to facilitate more convenient cross-border payment settlements for businesses using PYUSD. The Polygon network, which has seen its total stablecoin settlement volume surpass $2.6 trillion, is already utilized by major companies like Revolut and Stripe for financial transactions.
PayPal Expands Partnership with Polygon for PYUSD Stablecoin Issuance
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