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.
PayPal has expanded its PYUSD stablecoin issuance to the Polygon blockchain, allowing PYUSD to be issued natively rather than bridged. This reduces security risks and leverages Polygon's faster and cheaper network, enhancing enterprise payment proces...
Polygon's layer-2 network reached a new high of 7.5 million weekly transactions in Q2 2026, totaling 743 million for the quarter—a 160% increase year-over-year. This surge is supported by infrastructure upgrades like Heimdall v2 and Bhilai hard fork,...
