Geo News
Community curated by people like you
LatestAICryptoHealthWorld AffairsUS Politics

CAP stories

Sep 9, 2026

PayPal launches PYUSDx platform enabling businesses to create custom stablecoins

PayPal, in partnership with M0 and MoonPay, launched PYUSDx, a platform that allows businesses and developers to create their own branded stablecoins backed by PayPal's PYUSD. Three initial partners—Saturn, Concrete, and Cap—went live with the platform, collectively bringing over $100 million in processed volume.

Sep 9, 2026·8 sources
00
Jul 23, 2026

Lombard Finance launches Bitcoin-backed credit strategy with Flow Traders as pilot partner

Lombard Finance has introduced its Bitcoin Onchain Credit Strategy, which allows Flow Traders to borrow stablecoins for market-making without posting its own onchain collateral. Bitcoin deposited through Lombard's Bitcoin Earn product instead serves as collateral coverage through a private underwriting structure on Cap's marketplace, with Flow Traders serving as the pilot partner.

Jul 23, 2026·8 sources
00

Top claims

  • ▪Custom stablecoins minted through PYUSDx are backed 1:1 by PYUSD, turning PayPal's stablecoin into a reserve asset for external financial applications
  • ▪The total stablecoin market capitalization was valued at approximately $305.25 billion on September 10, 2026, with Tether's USDT holding a dominant 60.07% share
  • ▪USD.AI and Fairblock are expected to integrate and launch their own custom stablecoins on the PYUSDx platform in the future

Topics

Crypto payments regulationPayPal PYUSDx stablecoin platform launchStablecoinsBlockchain technologyBitcoin use casesDeFi lendingInstitutional crypto adoptionBitcoinDeFi