PayPal USD

24h change: -0.00%. From $1.00 to $1.00.

• In March 2026 PayPal expanded availability of its PYUSD stablecoin to users across 70 markets in regions including Asia-Pacific, Europe, Latin America, and North America. Consumers can buy, hold, send, and receive the token in their PayPal accounts while merchants gain faster settlement and lower costs for cross-border payments. The stablecoin remains fully backed by USD deposits and short-term Treasuries with monthly attestations. This rollout builds on earlier availability in the United States and United Kingdom to drive broader adoption for stable value transfers.
• In June 2026 Spark migrated approximately 150 million dollars in liquidity to Uniswap v4 pools including pairs with PYUSD as part of a Stablecoin FX Layer initiative. The move aims to reduce liquidity fragmentation across stablecoins and increase programmable on-chain utility for PYUSD. PayPal has previously partnered with Spark to scale PYUSD liquidity toward 1 billion dollars through DeFi lending protocols. These integrations expand PYUSD beyond payments into decentralized finance applications on networks including Ethereum.
• PayPal provides variable rewards on PYUSD balances held in PayPal or Venmo accounts with an introductory annual rate around 3.7 percent that has varied near 4 percent in 2026 reporting. Rewards accrue daily based on average balance and pay out monthly in PYUSD directly to users' crypto wallets. The program is available to eligible users in supported regions though not in all new expansion markets such as Singapore or the United Kingdom. It positions PYUSD as a loyalty offering that combines stable value with earning potential within the PayPal ecosystem.

24h change: -0.01%. From $0.9998 to $0.9997.

• In March 2026 PayPal announced PYUSD availability in 70 markets worldwide through user accounts. The rollout covers regions across Asia-Pacific, Europe, Latin America and North America and builds on initial access limited to the United States and United Kingdom. Users can buy, hold, send and receive the stablecoin directly in PayPal while merchants benefit from faster settlement times measured in minutes rather than days. This increases reach for lower-cost cross-border commerce.
• PYUSD appears in high-volume pools such as PYUSD/USDC on Curve and sees swaps integrated with networks like Bitcoin via BOB gateway. PayPal has expanded the token to additional blockchains including through LayerZero for greater interoperability. Recent data shows meaningful transfer volumes and liquidity migration to platforms like Uniswap v4. These steps improve on-chain utility beyond PayPal's core app.
• PayPal provides variable rewards on PYUSD balances held in its app, recently advertised near 4 percent for eligible users. The token has been used for creator payouts on YouTube, Visa Direct remittances and tests such as UFC bonuses. A prior incentive program linked PYUSD to AI infrastructure financing with yields up to 4.5 percent. These features aim to increase everyday utility while maintaining the dollar peg.

24h change: -0.00%. From $0.9999 to $0.9999.

• Spark migrated approximately 150 million dollars in stablecoin liquidity to Uniswap v4 pools pairing its USDS with both USDT and PYUSD. The move forms the start of a shared FX layer designed to reduce slippage for stablecoin swaps, route idle capital into yield products via the upcoming DualPool hook, and turn stablecoin fragmentation into shared infrastructure. PYUSD's inclusion alongside major peers signals growing DeFi utility for regulated stablecoins. This infrastructure matters because it lets liquidity providers earn yield while improving swap efficiency for users across issuers.
• PayPal moved its stablecoin operations into a new Payment Services and Crypto business line that combines payments processing, merchant solutions, and crypto. The company continues to expand PYUSD availability following its rollout to 70 markets earlier in 2026 and is focusing on use cases such as cross-border merchant settlements and lower-cost global transfers. PYUSD serves as a neutral settlement layer backed by reserves of cash and short-term US Treasuries with monthly attestations. This strategic emphasis aims to leverage PayPal's large user base for more efficient payments rails.
• Swaps between BTC and PYUSD are now live on the BOB Gateway, allowing non-custodial access to PayPal's stablecoin directly from Bitcoin rails at competitive rates. This adds to PYUSD's existing presence across Ethereum, Solana, and other networks as well as its inclusion in DeFi pools. Such integrations expand practical use cases for holding, transferring, and using the stablecoin beyond the PayPal app. They reflect broader ecosystem efforts to connect traditional finance rails with decentralized networks using regulated stable assets.

24h change: -0.00%. From $1.00 to $1.00.

• Spark migrated 150 million dollars of liquidity to Uniswap v4 pools pairing its USDS with USDT and PYUSD. The shared infrastructure aims to prevent liquidity fragmentation as more banks, fintechs, and payment firms issue stablecoins. It positions PYUSD within a growing ecosystem designed for efficient trading across multiple dollar-pegged assets.
• In March 2026 PayPal expanded PYUSD availability beyond the United States and United Kingdom. Users in the additional markets can buy, hold, send, and receive the stablecoin directly in their PayPal accounts. The rollout supports lower-cost global transfers, faster merchant settlements, and rewards in supported regions.

24h change: -0.06%. From $1.00 to $0.9996.

• Spark partnered with Uniswap and Sky to launch a shared FX Layer for stablecoins, migrating roughly $150 million in liquidity to Uniswap v4 pools involving USDS, USDT, and PYUSD. The infrastructure aims to reduce fragmentation by allowing multiple stablecoin issuers to share liquidity rather than building separate pools and relying on individual market makers. This is positioned as an early step toward a unified clearing layer as more banks and fintechs issue stablecoins. PYUSD's participation enhances its DeFi utility and interoperability.
• PYUSD has been enabled on additional blockchains including through LayerZero for omnichain transactions, with recent activation on the Kite platform backed by PayPal Ventures. This allows seamless bridging via Stargate for use in AI agent settlements and other applications without single-chain limitations. Earlier expansion brought PYUSD availability to users in 70 markets via the PayPal app. These steps support broader adoption for payments, remittances, and emerging agent economies while maintaining regulatory compliance.
• PYUSD supply stands near $2.73 billion and is deployed on 17 blockchain networks. On Flow, its holders grew more than 34% recently to over 82,000, making up 97% of EVM stablecoins there as the network's stablecoin market cap hit a multi-year high. These metrics reflect quiet expansion and integration into consumer DeFi and analytics platforms. Combined with earlier global rollout, it demonstrates increasing real-world and on-chain utility beyond the core PayPal app.