PayPal USD

PayPal USD
PYUSD
Contract address
0x6c3e...23a0e8
Copy PYUSD contract address
$1.00
$0.000234(+0.02%)Today
Market cap
3.94B
Total volume (24h)
114.32M
Volume / Market cap
0.0290
Circulating supply
3.94B
Day range (24h)
$0.9994$1.00
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 (8 April 2026)$1.00+0.02%
24 hours ago (7 April 2026)$0.9998+0.02%
1 week ago (1 April 2026)$1.00+0.00%
1 month ago (9 March 2026)$0.9996+0.04%
1 year ago (8 April 2025)$1.00-0.02%

Calculator

PYUSD market moves

AI summary for information only. Not financial advice.


24h change: +0.03%. From $0.9997 to $1.00.

  • PayPal announced expansion of PYUSD to 70 global markets via PayPal accounts. Users can buy, hold, send the stablecoin and earn rewards where eligible. The move supports cheaper cross-border transfers and faster settlements for merchants.
  • SBI Holdings' B2C2 designated Solana as primary network for institutional stablecoin settlement. It supports PYUSD, USDC, USDT and others for clients including Robinhood and Standard Chartered. Solana's speed and reliability drive this adoption for high-volume transactions.

24h change: +0.04%. From $0.9996 to $1.00.

  • PayPal has rolled out its PYUSD stablecoin to 70 international markets, allowing eligible users to access wallets, make transfers, and earn rewards. This expansion facilitates lower-cost cross-border payments and quicker settlements for merchants. It aligns with PYUSD reaching a supply exceeding $4 billion.
  • Coinbase and Paxos have utilized PYUSD alongside USDC to settle insurance premiums with Aon, a major global broker. This marks an early adoption of stablecoins for enterprise insurance payments on public blockchains. It signals potential for broader financial services integration.
  • PYUSD is highlighted in CoinDesk's North America stablecoin report as positioned for mainstream payments via Paxos backing. The analysis covers market cap data as of late March 2026. It underscores PYUSD's role among key dollar-pegged stablecoins.

24h change: -0.05%. From $1.00 to $0.9997.

  • PayPal has expanded PYUSD access to users across 70 markets via PayPal wallets. This rollout enables cheaper cross-border transfers and quicker merchant settlements. The move integrates stablecoins into everyday payments with zero fees and reward opportunities.
  • PYUSD holds the 7th position among stablecoins with 3.62 billion in circulating supply as the total stablecoin market crosses $294 billion. This ranking reflects ongoing adoption and ecosystem growth. Traders note yields like 13.7% APY in DeFi vaults.

24h change: +0.02%. From $0.9998 to $1.00.

  • PayPal extended PYUSD access to accounts in 70 countries outside the US. Users can now buy, hold, send, receive, and earn rewards on the dollar-backed stablecoin. The move targets faster settlements and lower-cost cross-border payments for consumers and merchants.
  • PYUSD's circulating supply exceeded $4 billion coinciding with the global expansion announcement. This growth reflects increasing adoption backed by US dollar deposits and short-term Treasuries. The stablecoin ranks among top assets with market cap around $3.9-4.3 billion.
  • PYUSD is integrated by TCS Blockchain for on-chain trade financing in trucking and by Coinbase/Paxos for stablecoin insurance premiums. These applications highlight growing utility in real-world finance. Partnerships expand beyond consumer payments.

24h change: +0.02%. From $0.9998 to $1.00.

  • PayPal announced PYUSD availability in 70 countries through user accounts. Users can now buy, hold, send, receive, and earn rewards on the stablecoin where eligible. The expansion enables cheaper cross-border transfers and quicker merchant settlements.
  • PYUSD's presence on Arbitrum grew to $331 million in total value locked this month. This marks strong adoption on the Layer 2 network. The development highlights expanding on-chain usage beyond Ethereum.
  • Paxos launched a $1 million bug bounty program on Cantina covering PYUSD, PAXG, and USDG contracts. The initiative includes related Web2 infrastructure. It aims to enhance security through community auditing.

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