Tagged: m^0

PayPal, MoonPay and M0 Take PYUSDx Live as Devs Launch PYUSD backed Stablecoins

PayPal (NASDAQ: PYPL), M0, and MoonPay have taken PYUSDx from a February preview to a live developer platform. The stack lets companies issue custom on-chain dollars that sit on top of PayPal USD (PYUSD), rather than forcing each team to build reserves, issuance, and liquidity… Read More

MoonPay, M0’s PYUSDx Enables PayPal USD-Backed Stablecoins

This week, MoonPay and M0 introduced PYUSDx, which enables the creation of application-specific stablecoins backed by PayPal USD (PYUSD). PYUSDx is designed to help builders launch and scale application-specific stablecoins while significantly lowering the technical and operational overhead to get started. The market is moving… Read More

Exodus Movement, MoonPay, M0 Introduce Digital Dollar for Payments

Exodus Movement, Inc. (NYSE American: EXOD), a self-custodial digital asset platform, announced a partnership with MoonPay in order to launch a fully reserved, USD-backed dollar stablecoin that will power digital dollar experiences across the Exodus ecosystem. The asset will reportedly be “issued and managed by… Read More

Chainlink SmartData Adopted By M^0 to Bring NAV Data Onchain for $M Stablecoin

M^0 has adopted Chainlink infrastructure to deliver net asset value (NAV) data on Ethereum for their “decentralized” stablecoin, $M. ​​By leveraging Chainlink’s SmartData suite of asset servicing solutions, they are “improving the transparency” of $M. The core M^0 protocol is a coordination layer for “permissioned… Read More

M^0 Reports $35M Series A to Enhance Digital Money Issuance Network

M^0, which is described ss a “decentralized” infrastructure layer for the issuance of cryptodollar assets, announced a Series A fundraise totaling $35 million, in conjunction with the deployment of the M^0 core protocol and on-chain governance mechanism on Ethereum Mainnet. The Series A investment round… Read More

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