PayPal USD
PYUSD
$0.998
0
%
#29
6
8
2
9
2
0
AI Summary
Last updated Nov 10, 2026Launched on August 7, 2023, PayPal USD (PYUSD) serves as a stablecoin designed to facilitate transactions and provide a digital alternative to traditional currencies. It aims to streamline payments and enhance the usability of digital assets within the PayPal ecosystem.
Currently, PayPal USD holds the 29th rank among cryptocurrencies. The circulating supply stands at approximately 1.39 billion tokens, while the total supply is capped at around 2.73 billion tokens.
As a product of PayPal, this stablecoin reflects the company's entry into the cryptocurrency market, further integrating blockchain technology into its services. The launch represents a significant step in offering users a reliable and efficient means of conducting digital transactions.
Your questions about PayPal USD
Log in to ask the AI about PayPal USD. Your questions and their answers are kept here, so you can come back to them.
LoginTags
4 Groups · 8 TagsControl
1 Tag4
Token
1 Tag16
Stablecoin
2 Tags6
4
Industry
4 Tags40
43
84
87
Frequently asked questions
What is PayPal USD (PYUSD)?
PayPal USD (PYUSD) is categorized as an asset backed stablecoin issued by a regulated trust company in partnership with a major global payments platform. Designed for easy integration into both traditional and decentralized finance ecosystems, PayPal USD makes it possible for fast, secure, and programmable dollar-based transactions. PayPal USD is as an ERC-20 token on the Ethereum blockchain and is fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and similar cash equivalents, offering transparency, price stability, and regulatory compliance.
Who created PayPal USD (PYUSD)?
When was PayPal USD (PYUSD) created?
How Does PayPal USD (PYUSD) Work?
What are PayPal USD's (PYUSD) use cases?
Did we forget anything?
Your input helps us keep things correct. Contact us if anything is incorrect or missing.