PayPal Partners with MoonPay and M0 on Unified Stablecoin Issuance

PYUSDx promises to streamline stablecoin launches for devs through a new framework. Elected officials back the plan, which could cut costs by 80% and save up to $10 million annually. It will use existing USDC and other protocols to reduce setup time and complexity, making it easier for developers to bring their own stablecoins to market.