PayPal’s US dollar-backed stablecoin, PYUSD, has launched on the Polygon blockchain through a native issuance by Paxos. The latest move allows businesses to use the token for cross-border payments through Polygon’s Open Money Stack.
Companies already processing payments on Polygon can now access PYUSD directly through the wallets, fiat ramps, and compliance services they already use.
According to the press release shared with CryptoPotato, businesses can now accept funds from cards, bank accounts, or exchange balances, convert and transfer PYUSD internationally, and cash out into local currencies through one integrated system. Polygon Labs said this simplifies the process of deploying stablecoin payments by reducing engineering work, lowering operational costs, and replacing multiple vendor relationships with a single integration.
Polygon noted that its network has already settled more than $2.6 trillion in stablecoin transactions and is used by companies including Revolut and Stripe. The integrated setup is expected to benefit a wide range of businesses, including payroll providers paying contractors across multiple countries, online marketplaces settling with international sellers, and remittance applications sending money into emerging markets.
End users could see faster payouts, fewer failed transactions, and quicker access to local currency while avoiding many of the delays and costs associated with traditional correspondent banking.
PYUSD is issued by Paxos under a national Trust charter supervised by the Office of the Comptroller of the Currency (OCC).
Commenting on the development, Polygon Labs CEO Marc Boiron said,
“Bringing PYUSD natively into the Open Money Stack means a business can take money in, move it across borders, and cash it out in one integration, with compliance built in. When a federally regulated stablecoin is available on infrastructure that already moves money at scale, businesses stop asking whether stablecoin payments are ready and start asking what they can build with them.”
The development comes amid Polygon Labs’ restructuring and a pivot toward stablecoin-based payments. Earlier this year, the company announced it had signed definitive agreements to acquire Coinme and Sequence for more than $250 million.
The goal was to complete the core infrastructure for regulated stablecoin payments and money movement.
Through Coinme, Polygon also expanded its US presence, gaining operations in 48 states through money-transmitter licenses and compliance infrastructure, a crypt
小靓分析：
🦊 小靓解读
PayPal 的 PYUSD 稳定币正式部署到 Polygon 链上，通过 Paxos 原生发行，打通了法币入金、合规支付和跨境结算的闭环，是传统金融与 DeFi 基础设施融合的重要一步。
📊 市场影响
短期利好 Polygon 生态的支付和流动性场景，可能吸引更多机构资金流入；但 PYUSD 自身价格锚定1美元，对 MATIC 等代币的直接价格拉动有限，更多是情绪面催化。
💡 操作建议
关注 Polygon 上稳定币交易对和跨链桥的活跃度变化，如果 PYUSD 流动性提升，可考虑参与资金费率套利或网格策略；但注意合规币的链上活动可能受监管政策影响，仓位不宜过重。
风险提示：
该资讯来源于公开渠道，仅供参考。Traceless 无痕智盈平台不对此信息准确性做任何保证。