PayPal's PYUSD stablecoin launches natively on Polygon for seamless global payments.

PayPal's stablecoin PYUSD is now issued natively on the Polygon blockchain through a partnership with Paxos, enabling streamlined business transactions. This integration allows companies to use PYUSD within Polygon's Open Money Stack, which combines digital wallets, fiat gateways, and regulatory compliance in one platform. With over $2.6 trillion in stablecoin volume handled by Polygon, this move simplifies cross-border payments and settlements for businesses without needing multiple providers or complex infrastructure. PYUSD is regulated and backed by dollar reserves, enhancing trust and expanding its use in mainstream payment systems alongside partners like Mastercard and Stripe.