Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
FollowingPYUSD is now natively available on Polygon, and the trading volume of stablecoins exceeds US$2.6 trillion! What does this mean for payments?
PYUSD, a dollar stablecoin launched by PayPal, is now officially launched as a native asset on the Polygon network through a partnership with Paxos. This means that businesses and users can use PYUSD directly on Polygon without having to rely on a bridged version, opening up new possibilities for seamless financial transactions and payment innovation. This integration directly integrates digital wallets, fiat deposit channels, and compliance tools into Polygon\'s payment infrastructure, further expanding its capabilities for businesses and ordinary users.
A new era of native PYUSD on Polygon
Paxos has natively issued PYUSD on Polygon, allowing companies to manage deposits, transfers, settlements and fiat conversions within a unified framework. Polygon\'s \"Open Money Stack\" aims to simplify the payment process by reducing the need for multiple separate integrations with different service providers. The system is committed to making the flow of digital funds simpler and more convenient in all walks of life.
Polygon announced that PayPal USD is now available natively on its chain and integrated into its \"open money stack\" infrastructure. This integrated structure brings together card transactions, bank transfers, exchange connections and stablecoin movements. It is designed to help businesses that want to accelerate cross-border payments and streamline operational processes. Payroll management companies, digital marketplaces and money transfer companies can now use PYUSD directly to manage payment processes without having to build their own banking infrastructure.
Small Dictionary: Paxos is a regulated U.S. financial technology company that provides blockchain-based digital asset infrastructure. PYUSD is issued by Paxos and is a stablecoin backed by dollar-denominated reserve assets.
Polygon\'s payment scale and corporate adoption
Polygon said that stablecoin transactions on its network have so far exceeded US$2.6 trillion. This astonishing number highlights Polygon\'s established solid advantages in the payment space. With the addition of PYUSD, the network will build on its already impressive foundation to provide greater practicality for payment scenarios and become a robust payment channel.
Large companies such as Revolut and Stripe are already leveraging Polygon\'s infrastructure for payment operations. Because PYUSD can be seamlessly integrated into existing business systems on Polygon, enterprise users can add PYUSD support without having to reinvent the underlying technology-minimizing technical overhead and shortening deployment time.
Key Data List
Assets: PYUSD
Network: Polygon
Issuer: Paxos
Reported stablecoin trading volume: More than US$2.6 trillion
Regulatory compliance and expansion momentum
PYUSD is issued by Paxos and is backed entirely by U.S. dollar denominated reserve assets. Paxos said its operations are governed by a national trust charter supervised by the Office of the Comptroller of the Currency (OCC), which consolidates PYUSD\'s position as a compliant, dollar-backed stablecoin in the U.S. market.
Paxos emphasized that PYUSD is backed by U.S. dollar reserve assets and operates under a national trust licensing framework. With its launch on Polygon, PYUSD is now available for payments and settlements across the broader blockchain network. Earlier this year, Mastercard also included PYUSD in its cross-chain reconciliation infrastructure. At the same time, the recently launched PYUSDx platform by PayPal and MoonPay allows developers to use PYUSD reserves to create stablecoin-driven applications without having to build their own complex payment infrastructure.
