PayPal USD

PayPal USD
PYUSD
Contract address
0x6c3e...23a0e8
Copy PYUSD contract address
$0.9998
$0.00009506(+0.01%)Today
Market cap
2.82bn
Total volume (24h)
61.52m
Volume / Market cap
0.0218
Circulating supply
2.82bn
Day range (24h)
$0.9996$0.9999
All-time low
$0.9594
All-time high
$1.08

About PayPal USD (PYUSD)

PayPal USD (PYUSD), aka PYUSD, is a fiat-backed stablecoin designed to maintain a value of 1 US dollar. PYUSD offers a way to transact and store value in stable digital currency. It is issued and redeemed by Paxos Trust, a regulated entity, in partnership with PayPal.

Stablecoins are usually pegged to a traditional asset like the US dollar or the Euro. Cryptocurrencies, like Bitcoin or Ethereum, can change in price significantly. However, a stablecoin aims to stay affixed in value. One stablecoin typically equals one unit of the asset it represents. For example, $1 US dollar equals 1 PYUSD.

Stablecoins like PYUSD are widely used for payments, savings, as store of value, and as a stable medium of exchange and bridge between traditional finance (TradFi) and decentralized finance (DeFi). You can use PYUSD to trade and transact digital currencies, as well as participate in blockchain networks such as Ethereum and others that support ERC-20 tokens. PYUSD is an ERC-20 token, which means it is compatible with the Ethereum Virtual Machine (EVM). Its value is maintained through full fiat backing and regular attestations, rather than decentralized mechanisms or algorithmic collateral.

PYUSD is beneficial for crypto networks because it increases accessibility, liquidity, and interoperability. With PYUSD, users can transact with a dollar-backed price-stable asset across different blockchains.

You can redeem PYUSD for other assets through centralized or decentralized exchanges (CEXs or DEXs), or by converting directly with supported platforms, subject to their procedures for USD redemption. Today, PYUSD is recognized as a widely used US dollar-backed stablecoin, trusted for payments, trading, DeFi, and more.

Token type: Stablecoin

Price history

Today (17 July 2026)$0.9998+0.01%
24 hours ago (16 July 2026)$0.9997+0.01%
1 week ago (10 July 2026)$0.9997+0.01%
1 month ago (17 June 2026)$0.9998+0.00%
1 year ago (17 July 2025)$0.9997+0.01%

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PYUSD market moves

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24h change: +0.00%. From $0.9998 to $0.9998.

  • Stripe and private equity firm Advent International submitted a joint unsolicited offer of $60.50 per share to buy PayPal, valuing it at approximately $53 billion. This represents a 28 percent premium over PayPal's recent closing price and comes with about $50 billion in committed bank financing. The potential deal would integrate Stripe's Bridge stablecoin platform and merchant network with PayPal's PYUSD stablecoin and crypto business. It underscores the growing role of established fintech companies in scaling stablecoin infrastructure for global payments.
  • PayPal announced native issuance of PYUSD on the Polygon network to increase adoption for business payments. The integration makes PYUSD available through Polygon's Open Money Stack, enabling faster cross-border transfers, cash-outs, and compliance tools in a single integration. Polygon has settled over $2.6 trillion in stablecoin transactions. PYUSD total supply stands near $3 billion.

24h change: -0.02%. From $0.9999 to $0.9997.

  • Stripe and private equity firm Advent International made an unsolicited joint bid valued at over $53 billion to buy PayPal at $60.50 per share, a 28% premium. The potential acquisition would consolidate PYUSD, which has grown to roughly $2.83 billion in circulation and expanded to 70 markets, with Stripe's Bridge stablecoin platform, Tempo mainnet, and related crypto services. Reports note both companies have aggressively expanded into stablecoins, with the deal potentially creating a major fintech stack for payments and blockchain rails. PayPal shares rose sharply on the news amid ongoing regulatory considerations for antitrust and stablecoin rules.
  • PYUSD trades at approximately $1 with a market capitalization of $2.84 billion and circulating supply of about 2.84 billion tokens. It ranks among leading stablecoins and is backed by USD deposits, short-term Treasuries, and equivalents, with monthly attestations. The token sees utility in payments, crypto trading on PayPal, and DeFi lending where yields have been reported around 2.8% on platforms like Aave. Articles discussing the PayPal bid reference its established position and expansion.

24h change: +0.00%. From $0.9997 to $0.9997.

  • PayPal added its PYUSD stablecoin to Polygon's international digital asset rail in July 2026. The integration supports card and bank transfers into PYUSD, cross-border movement and local currency cashouts while managing compliance. It positions the stablecoin for greater use in regulated payments as the industry anticipates bank-issued alternatives. This builds on PYUSD's existing deployments and partnerships.
  • Interactive Brokers enabled clients to convert USD balances into PYUSD for withdrawals to external wallets. The feature operates 24/7 including weekends and makes funding fully bidirectional alongside existing deposits. It leverages partners zerohash and Paxos and expands the broker's crypto offerings with additional token listings. This marks further integration of PYUSD into traditional finance platforms.
  • Since launch PYUSD has moved over 4.25 billion dollars in value across five blockchain networks. LayerZero powers the interoperability enabling these transfers beyond the PayPal app to wallets, exchanges and Venmo. The volume reflects growing utility in payments, remittances and other use cases. Earlier 2026 developments included YouTube creator payouts and Visa Direct integrations.

24h change: +0.00%. From $0.9997 to $0.9997.

  • PayPal enabled native issuance of PYUSD on the Polygon network via Paxos on July 9. The stablecoin integrates directly into Polygon's Open Money Stack, letting businesses use existing wallets, fiat ramps, compliance tools and payment infrastructure for cross-border transfers and settlements. Polygon has processed over 2.6 trillion dollars in stablecoin volume. This reduces bridging needs and positions PYUSD for greater use in enterprise payments and remittances while maintaining its regulatory compliance through Paxos.
  • On-chain data indicates PYUSD has high borrow utilization relative to its market capitalization compared with other major stablecoins. Lending yields on platforms like Aave V3 Ethereum recently showed PYUSD offering around 2.8 percent APY. This activity occurs alongside PYUSD's broader ecosystem growth including multi-chain expansions and PayPal's reward offerings in supported markets. It highlights how regulated stablecoins are seeing increased use in decentralized finance for borrowing and yield generation.
  • PYUSD trades at approximately 0.9996 dollars with only minor daily changes of 0.01 percent or less. Its market capitalization sits near 2.85 billion dollars and 24-hour trading volume has ranged from 25 to 50 million dollars recently. The stablecoin has demonstrated consistent peg stability since launch with all-time high around 1.08 dollars and low near 0.96 dollars. This performance supports its role in payments and DeFi as PayPal expands availability.

24h change: -0.00%. From $0.9998 to $0.9997.

  • PayPal partnered with Paxos to issue PYUSD directly on the Polygon blockchain instead of relying on bridges. Businesses can now use it via Polygon's Open Money Stack for payments, cross-border transfers, settlements and fiat conversions in one integrated compliant system. Polygon has settled over 2.6 trillion dollars in stablecoin volume with users including Revolut and Stripe. The expansion increases PYUSD utility for real-world commerce and helps it compete in the growing regulated stablecoin space.
  • PayPal rolled out PYUSD to users across 70 markets in March allowing millions of consumers and merchants to access the stablecoin directly in their accounts. It supports faster settlement lower costs and stable value for global commerce compared to traditional methods. Availability includes regions in Asia-Pacific Europe Latin America and North America with more markets added over time. This global push complements chain expansions like the recent Polygon integration to drive everyday utility.

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