PayPal USD

PayPal USD
PYUSD
Contract address
0x6c3e...23a0e8
Copy PYUSD contract address
$0.9996
-$0.000204(-0.02%)Today
Market cap
2.84B
Total volume (24h)
123.81M
Volume / Market cap
0.0435
Circulating supply
2.84B
Day range (24h)
$0.9993$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 (June 11, 2026)$0.9996-0.02%
24 hours ago (June 10, 2026)$0.9998-0.02%
1 week ago (June 4, 2026)$1.00-0.09%
1 month ago (May 12, 2026)$0.9999-0.03%
1 year ago (June 11, 2025)$0.9993+0.03%

Calculator

PYUSD market moves

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24h change: -0.01%. From $0.9999 to $0.9998.

  • The total stablecoin market capitalization reached 323 billion dollars with net growth of only 0.3 percent over the past month. Tether added 5 billion dollars in supply while PYUSD, along with USDC and USDe, saw a combined reduction of 4.2 billion dollars. PYUSD specifically dropped 13 percent in circulating supply during May. This reflects capital rotation toward the dominant stablecoin in a risk-off environment and highlights competitive pressures facing PayPal's offering despite its regulatory compliance and platform integrations.
  • PayPal made its stablecoin available in 70 markets worldwide through user accounts. Customers can now buy, hold, send, and receive PYUSD for faster access to funds and lower-cost cross-border commerce. The rollout covers regions including Asia-Pacific, Europe, Latin America, and North America, with additional markets to follow. It builds on existing availability on Ethereum and Solana and aims to provide stable purchasing power to millions of consumers and merchants.

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