MoonPay and M0 launch PYUSDx to help developers create app-specific stablecoins backed by PayPal USD quickly and safely.
The digital money world continues to grow very quickly. New tools now help developers build their own digital currencies. Recently, MoonPay and M0 announced a new framework known as PYUSDx. This system enables developers to create special stablecoins for their own applications.
The new framework takes Paypal USD as the reserve asset. This implies that every token has the backing of an existing regulated stablecoin. As a result, developers do not have to create their own payment system from scratch.
Many companies wish for digital dollars for games, apps and financial tools. However, it is usually months of work to build a stablecoin system. PYUSDx helps reduce this time to a great extent. Developers are now able to launch new tokens in a matter of days rather than months.
PYUSDx Makes Stablecoin Creation Faster for Developers
PYUSDx is intended to make it easier for developers to create branded stablecoins for specific applications. These tokens can be used within apps, online services or digital marketplaces. Therefore, businesses can create their own payment systems with the help of stable digital money.
The framework overcomes a significant issue for developers. Usually, launching a stablecoin requires the construction of complicated technology. Teams are required to develop systems for the issuance of coins, storage of funds and liquidity management. PYUSDx eliminates a lot of this technical work.
The system operates through the use of PayPal USD as the reserve currency. USD of PayPal itself is issued by Paxos Trust Company. Paxos operates by strict financial rules in the United States. Therefore, PYUSD is already subject to solid regulatory standards.
Due to this foundation, developers will be able to create new stablecoins securely. PYUSDx is simply a link between new application tokens to the existing stablecoin system. This way, it becomes much easier to launch digital currencies.
The CEO of MoonPay, Ivan Soto-Wright, explained the idea of the platform. He said that developers need stable infrastructure to build stablecoin products. Therefore, MoonPay created PYUSDx to minimize technical and operational challenges.
The system also has good transparency. Developers and users can check the reserves that support the tokens. On-chain reporting tools are used to verify that stablecoins are properly backed.
Growing Demand for Application-Specific Stablecoins
The need for custom stablecoins has increased rapidly in recent years. Many companies now desire digital money that is created for their respective platforms. These currencies can be used to support payments, rewards, or financial services within specific ecosystems.
Recent data demonstrates the speed at which the market is growing. In 2025, there were 89% more stablecoins with over 10 million in supply. This rapid growth demonstrates great interest in digital dollar technology.
Luca Prosperi, CEO of M0, said it is often the case with stablecoins being adopted early by developers. However, they still do not have a trusted platform to build fast. PYUSDx wants to address this issue by providing an out-of-the-box infrastructure.
Another important aspect of PYUSDx is the cross-chain compatibility. This means that tokens created using the framework are capable of running across multiple blockchain networks. As a result, developers can access users on various digital platforms.
The framework also has liquidity support in-built. This is useful for developers to manage payment and transactions more easily. Therefore, new stablecoins can serve well without issues soon after their launch.
First Project Begins Building on PYUSDx
The first project that uses PYUSDx is already using USD.ai. The company wants to develop a stablecoin targeted towards artificial intelligence services. This token will help in supporting the payments within the computing systems of artificial intelligence.
The launch demonstrates the shift of stablecoins into new areas of technology. Many experts believe digital dollars will aid in financial systems of the future. These systems may power apps, games, digital markets and AI platforms.
May Zabaneh from PayPal said stablecoin growth is at a new phase. Developers are now interested in creating unique financial experiences within their own products. However, they should hardly have to start over with trusted financial infrastructure.
PYUSDx helps to solve this challenge towards getting a reliable base system. Developers are able to focus on building useful applications rather than building complex payment technology.
As the demand for stablecoins continues to increase, many other developers may utilize other platforms such as PYUSDx. Therefore, the launch could have an important role to play in the future of programmable digital money.