PayPal USD Lands on Polygon Chain, Enabling Regulated Onchain Dollars to Move Across Borders in One Integration
July 9, 2026
Issued natively by Paxos and available through the Polygon Open Money Stack, PYUSD gives businesses regulated payins, payouts, and compliance on infrastructure that settles more than $2.5 billion in stablecoin volume daily.
Starting today, PayPal USD (PYUSD) is issued natively on Polygon Chain through Paxos and available through the Polygon Open Money Stack (OMS), enabling businesses to move federally regulated onchain dollars across borders through a single integration, with regulated payins, payouts, and compliance built in.
Businesses already processing payments on Polygon can access PYUSD directly, through the same wallets, ramps, and compliance tooling they are already using.
Polygon Chain settles more than 2.6 trillion in total stablecoin volume.
PYUSD joins this infrastructure as a federally regulated dollar stablecoin. Paxos issues it under a national trust charter supervised by the Office of the Comptroller of the Currency (OCC), which makes it one of the largest US dollar stablecoins issued by a federally regulated entity.
One integration, no assembly required
We built the Open Money Stack to collapse that into a single integration. With PYUSD now native on Polygon Chain, a business can accept money from a card, bank account, or exchange balance, hold and move PYUSD across borders, and cash out to local currency through a single integration.
What the partnership means
“A stablecoin is only as useful as the places it can go and what it can do when it gets there,” said Marc Boiron, CEO of Polygon Labs. “Bringing PYUSD natively into the Open Money Stack means a business can take money in, move it across borders, and cash it out in one integration, with compliance built in.”
“As the regulated issuer of PYUSD, our role is to bring trusted stablecoins to businesses and institutions wherever they need them,” said Peter Jonas, Chief Revenue Officer, Paxos. “PYUSD is issued under a national Trust charter supervised by the OCC, and bringing it natively to Polygon puts a federally regulated, dollar-backed stablecoin on one of the most active networks for stablecoin payments.”
PYUSD has a total supply of nearly $3 billion. Revolut and Stripe use Polygon for stablecoin payments.