PYUSDx (PYUSDx) stablecoin analytics
Answer First
What is PYUSDx?
PYUSDx is MoonPay's PYUSD-backed dollar token, redeemable 1:1 in PYUSD by eligible counterparties, with local freeze and mint controls. The static profile records its US Dollar peg mechanism as: Eligible MoonPay counterparties mint against PYUSD and redeem burned PYUSDx for the same quantity of PYUSD. Downstream holders have no direct redemption right without onboarding.
Is PYUSDx safe?
Pharos does not mark PYUSDx as absolutely safe. Static metadata says PYUSDx uses a Centralized (CeFi) governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
PYUSDx (PYUSDx) static profile: governance model Centralized (CeFi); backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Oct 2, 2026
PYUSDx is issued by MoonPay Digital Assets Limited against PYUSD and uses M0 infrastructure for native issuance and cross-chain transfers. Eligible counterparties can redeem one token for one PYUSD, while downstream holders must first qualify with MoonPay and have no ownership interest in specific reserves. The reviewed control surface includes issuer minting, upgrades and an earner manager that can mint rewards directly, so the gateway's short queue delay does not bound every supply path.
- Collateral
- PYUSD received by MoonPay Digital Assets Limited for 1:1 issuance; custody, segregation and independent PYUSDx liability reconciliation are undisclosed.
- Peg Mechanism
- Eligible MoonPay counterparties mint against PYUSD and redeem burned PYUSDx for the same quantity of PYUSD. Downstream holders have no direct redemption right without onboarding. Cross-chain transfers burn and mint through M0 Portal and LayerZero adapters.
- Jurisdiction
- British Virgin Islands
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Next Actions
Exact bot target: /subscribe dews,depeg,safety pyusdx-moonpay
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Oct 2, 2026.
PYUSDx quick answers
What is PYUSDx?
PYUSDx is MoonPay's PYUSD-backed dollar token, redeemable 1:1 in PYUSD by eligible counterparties, with local freeze and mint controls. The static profile records its US Dollar peg mechanism as: Eligible MoonPay counterparties mint against PYUSD and redeem burned PYUSDx for the same quantity of PYUSD. Downstream holders have no direct redemption right without onboarding.
Is PYUSDx safe?
Pharos does not mark PYUSDx as absolutely safe. Static metadata says PYUSDx uses a Centralized (CeFi) governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs PYUSDx?
Pharos classifies PYUSDx backing as Crypto-Collateralized. Collateral, per the static profile: PYUSD received by MoonPay Digital Assets Limited for 1:1 issuance; custody, segregation and independent PYUSDx liability reconciliation are undisclosed. Reserve evidence: curated reserve profile.
Can PYUSDx be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for PYUSDx, when applicable, appear in the dossier below.
