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Market Cap:$ 2 199.5B 0.65%
24h Volume:$ 38.1B 35.5%
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PayPal USD (PYUSD) $ 0.99969085 0%

PayPal USD (PYUSD) to USD

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About PayPal USD

PayPal USD (PYUSD) is a stablecoin issued under the supervision of Paxos for the global payment network of PayPal. The asset is fully backed by liquid reserves, including US Treasury bills, and maintains a strict peg to the US dollar. Its launch in the summer of 2023 marked a significant milestone for the fintech industry, giving millions of PayPal users access to Web3 capabilities within a familiar environment. The token is fully compliant with regulatory requirements and is designed for commercial payments as well as fast transfers between wallets and exchanges.