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TechFlow news, July 9: According to The Block, PayPal announced that the PYUSD stablecoin will be issued natively on the Polygon network and integrated into Polygon's Open Money Stack to enable businesses to use PYUSD for cross-border payment settlements more conveniently. Currently, the total stablecoin settlement volume on the Polygon network has exceeded $2.6 trillion, with both Revolut and Stripe using the network.
According to The Block, PayPal announced that the PYUSD stablecoin will be natively issued on the Polygon network and integrated into Polygon's Open Money Stack, enabling businesses to use PYUSD for cross-border payment settlements more conveniently. Currently, the total stablecoin settlement volume on the Polygon network has exceeded $2.6 trillion, with both Revolut and Stripe using the network.
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