PayPal USD

24h change: 0.00%. From $0.9996 to $0.9996.

• On-chain analytics show PYUSD added 863 new wallets in a single day, the largest daily increase since April 2026. This occurs even as the market capitalization sits about 24 percent below its May 2026 levels. The trend suggests users continue to adopt the stablecoin for practical applications including payments, remittances, and yield in the PayPal ecosystem. It reflects sustained interest in regulated stablecoins amid broader stablecoin competition.
• Sentora launched or expanded PYUSD lending vaults on platforms like Kamino and Morpho, with allocations reaching millions in TVL against tokenized assets and other collateral. These vaults offer risk-adjusted yields and integrate with real-world asset strategies. The development builds on PYUSD's regulated status and existing integrations with protocols like Aave. It increases utility for the stablecoin beyond basic payments into on-chain finance.
• PayPal marked the third anniversary of PYUSD by noting its availability to users across 70 markets worldwide. The stablecoin supports fee-free transfers on PayPal, spending at millions of merchants, and earns variable rewards currently advertised around 4 percent for eligible balances. Multi-chain support now includes Ethereum, Solana, Polygon, and others. These features position PYUSD for everyday payments, creator payouts, and cross-border use.

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

• Sentora opened a Morpho vault using nearly 9.65 million dollars of PYUSD as primary liquidity against a 10 million dollar cap. The vault accepts collateral in the form of mWIN, a tokenized credit product from Wellington Management issued via Midas. This brings institutional fixed-income strategies onchain and demonstrates expanding utility for PYUSD in real-world asset decentralized finance applications.
• Mastercard and launched a pilot for Crypto Credential, a portable KYC and AML signal attached to blockchain transactions without moving funds. The tool compresses compliance timelines for cross-border stablecoin activity where PYUSD operates. It builds on Mastercard's earlier expansion of settlement options to include PYUSD alongside other major stablecoins.
• PayPal deepened its relationship with Polygon by issuing PYUSD natively on the network in addition to integration with Polygon's Open Money Stack. The move aims to lower costs, improve speed, and boost usage of the stablecoin in decentralized finance applications. It forms part of ongoing efforts to expand PYUSD beyond the PayPal app into broader blockchain ecosystems.

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

• On-chain data from Santiment showed PYUSD added 863 new wallets in one day, the largest daily increase since April 2026. This growth occurred even as the market capitalization sat roughly 24 percent below late-May peaks. Analysts view the divergence as a potential signal of rising user interest ahead of broader transaction recovery. PayPal has supported adoption through its expansion to 70 markets, rewards in the PayPal and Venmo apps, merchant settlements, and new blockchain integrations.
• PayPal added PYUSD to Polygon's payment rail in July 2026. The integration allows businesses to accept funds from cards, bank accounts or crypto balances, move value across borders, and cash out to local currency. Polygon processes more than 2.5 billion dollars in daily stablecoin volume and over 2.6 trillion dollars cumulatively. The move strengthens PYUSD distribution as competition from bank-issued stablecoins increases.
• PayPal marked three years since launching PYUSD in August 2023. The stablecoin is now available in 70 markets worldwide within PayPal accounts. Users can transfer it at low or no cost, spend with merchants, and earn variable rewards of around 4 percent in eligible regions. Backed by USD deposits, Treasuries and cash equivalents with monthly attestations, PYUSD serves as a bridge between traditional payments and blockchain use cases.

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

• PayPal rolled out PYUSD to users in 70 markets worldwide following its initial US launch. The stablecoin enables faster cross-border sends, instant settlement for merchants, and lower costs than traditional methods. Recent updates include additional markets in Africa and ongoing additions. This growth supports greater utility for everyday payments and remittances while maintaining regulatory compliance through Paxos issuance.
• Mastercard expanded settlement options to include PYUSD alongside other major stablecoins. The change supports intraday, weekend, and holiday processing across its network. It reflects increasing participation by traditional payment infrastructure in regulated stablecoin flows. PYUSD benefits from this as part of broader institutional adoption of dollar-pegged tokens on chains including Ethereum and Solana.
• PYUSD recorded hundreds of new wallets on Solana in a single day according to on-chain data. This occurred alongside supply adjustments from earlier 2026 peaks near or above 4 billion. Observers note it as evidence of organic adoption beyond yield incentives. The stablecoin continues to see integrations in DeFi lending and tokenized funds while holding its dollar peg.

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

• The circulating supply of PYUSD has decreased roughly 35 percent from its high of over 4 billion dollars earlier in 2026 to approximately 2.7 billion. This contraction has occurred alongside PayPal's Q2 earnings that showed strong payment volume of 486.4 billion dollars and the creation of a dedicated Payment Services and Crypto division. Wallet addresses have continued to grow on certain networks despite the lower supply. The trend reflects maturing stablecoin dynamics where issuance adjusts to redemption and usage patterns.
• PayPal has enabled native issuance of PYUSD on the Polygon blockchain in addition to bridges that bring it to networks including Tron, Avalanche and Sei via LayerZero. These deployments build on existing availability on Ethereum, Solana, Arbitrum, Stellar and others for a total of 19 networks. The integration aims to lower transaction costs and increase accessibility for developers, merchants and users in payments and decentralized finance. Polygon has already processed more than 2.6 trillion dollars in stablecoin transaction volume.
• Spark has integrated PYUSD into its lending vaults, migrated 150 million dollars into related Uniswap pools, and targets one billion dollars in liquidity for institutional borrowers. This adds to existing support on protocols such as Aave on Ethereum and Kamino on Solana where PYUSD supply APYs have ranged from 4 to 9 percent. On-chain activity is notable on Solana where PYUSD represents about 6.7 percent of stablecoin supply and has seen transaction volume exceed Ethereum at times. These steps increase utility for payments, lending and decentralized finance beyond the PayPal app.