PayPal Stabilized Currency PYUSD First-Link Polygon Chain

Polygon Labs officially announced that PayPal USD (PYUSD) would be released by Paxos in its original form on the Polygon chain and would be connected to the Polygon Open Monument (OMS). By means of a single integration, an enterprise can achieve a cross-border flow of United States dollars in the chain of custody, with a built-in compliance payment and KYC/AML capacity. PYUSD is one of the largest federally-regulated dollar-stable currencies in the world, issued by Paxos under a national trust licence under the supervision of the United States Monetary Supervisory Authority (OCC). The Polygon chain has a stable currency count of over $2.5 billion a day, and the cumulative size of the settlement has exceeded $2.6 trillion. After access, PYUSD can be used by businesses that have already processed payments on Polygon directly through existing wallets, French-currency corridors and compliance tools, with applications covering cross-border payroll, overseas vendor settlements and emerging market remittances。