PayPal USD (PYUSD)
PayPal's USD-backed stablecoin designed for payments, issued by Paxos, redeemable 1:1 for US dollars.
Stablecoin
Payments
DeFi
About
PYUSD is a regulated stablecoin issued by Paxos Trust Company for PayPal, backed by US dollar deposits, US Treasuries, and cash equivalents. Available on Ethereum, Solana, and Arbitrum, PYUSD can be used for P2P payments, merchant purchases, and earning 4% rewards in the PayPal app. It's available in 70+ markets worldwide.
