PayPal USD (PYUSD) is now natively issued on Polygon, expanding PayPal’s stablecoin onto the network’s Open Money Stack in a move aimed at making cross-border transfers, payments and fund collection easier for businesses. The setup means companies using Polygon can access PYUSD as a native asset rather than a bridged token, reducing bridge-related security risks while benefiting from faster and cheaper transactions than Ethereum’s base layer. Polygon said its infrastructure has processed more than $2.6 trillion in stablecoin payments, while PYUSD’s supply is about $3 billion. Paxos Trust Company handles issuance, and PYUSD is backed by U.S. dollar deposits, short-term U.S. Treasuries and cash equivalents, with monthly attestations by independent firms.