PYUSDx is a new framework from PayPal, MoonPay, and M0 that lets developers issue application-specific stablecoins collateralized by PayPal USD (PYUSD). according to crypto.news/paypal-moonpay-pyusdx-custom-stablecoins-2026/” target=”_blank” rel=”nofollow noopener”>Crypto.news, the platform enables custom, branded dollar tokens that inherit PYUSD's peg and settlement properties.