DeFi launches: M0 stablecoin, Theo gold-backed token, Pump.fun expansion

M0 has launched PYUSDx, a customizable stablecoin developed with PayPal and MoonPay, enabling users to create personalized stablecoins. Theo Network introduced thUSD, a yield-bearing stablecoin backed by gold reserves on Ethereum. Separately, Pump.fun expanded its trading capabilities to include tokens outside its native ecosystem, now supporting assets like WBTC and USDC alongside its original offerings.

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