MoonPay and M0 Launch PYUSDx in New York, Enabling Custom Stablecoins Backed by PayPal USD

On February 27, 2026 in New York, MoonPay and M0 introduced PYUSDx, a platform that lets developers create branded stablecoins fully backed by PayPal USD. The service is designed to cut custom stablecoin deployment from months to days and debuts with USD.ai as its first project, targeting AI-driven and machine-to-machine payments. PYUSDx integrates token infrastructure from M0 with MoonPay's payment rails and offers multi-chain support, reserve reporting, and pricing tools for Web3 and fintech builders.