How to buy crypto
Go from cash to crypto with MetaMask.
PayPal USD
PYUSD
Contract address
0x6c3e...23a0e8
$1.00
$0.000192(+0.02%)Today
Market cap
3.85B
Total volume (24h)
64.38M
Volume / Market cap
0.0167
Circulating supply
3.85B
Day range (24h)
$0.9989$1.00
All-time low
$0.9594
All-time high
$1.02
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: StablecoinPrice history
| Today (December 8, 2025) | $1.00 | +0.02% |
|---|---|---|
| 24 hours ago (December 7, 2025) | $0.9998 | +0.02% |
| 1 week ago (December 1, 2025) | $0.9996 | +0.04% |
| 1 month ago (November 8, 2025) | $0.9998 | +0.02% |
| 1 year ago (December 8, 2024) | $1.00 | -0.00% |
Start swapping
Popular cryptocurrencies
A selection of cryptocurrencies with top market cap.
Similar cryptocurrencies
A selection of cryptocurrencies with similar market cap.
Trending cryptocurrencies
Cryptocurrencies with the biggest price movements in the last 24 hours.
Top movers of the week: trending up
Cryptocurrencies with the largest price gains in the last 7 days.
Top movers of the week: trending down
Cryptocurrencies with the largest price drops in the last 7 days.
