About PayPal USD
PayPal USD (PYUSD) is a stablecoin pegged to the U.S. dollar. PYUSD is redeemable on a 1:1 basis for U.S. dollars and collateralized by U.S. dollars held in cash or cash equivalents.
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Market Stats
Market Cap
CA$5.08B
2.72%
FDV
CA$5.08B
Circ. Supply
3.7B PYUSD
Max Supply
Not enough data
Total Supply
3.7B PYUSD
Diluted Valuation
CA$5.08B
Performance
Popularity
#25
Dominance
0.13%
Volume (24H)
CA$67.69M
40.63%
Volume (7D)
CA$697.34M
Volume (30D)
CA$1.99B
All time high
CA$1.37
Price Change (1Y)
Not enough data
Additional details
Market details
PYUSD vs markets
↗ 9.52%
PYUSD vs BTC
↗ 13.38%
PYUSD vs ETH
↗ 18.53%
Tags
stablecoin
asset-backed-stablecoin
usd-stablecoin
fiat-stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Solana | 2b1kV6DkPAnxd5ixfnxCpjxmKwqjjaYmCZfHsFu24GXo | |
Ethereum | 0x6c3ea9036406852006290770BEdFcAbA0e23A0e8 |
Price history
Time | Price | Change |
|---|---|---|
Today | CA$1.37 | |
1 Day | CA$1.37 | |
1 Week | CA$1.38 | |
1 Month | CA$1.41 | |
1 Year | CA$1.44 |
FAQ
PayPal USD (PYUSD) is a stablecoin designed to maintain a 1:1 value with the U.S. dollar. Fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and similar cash equivalents, each PYUSD token is intended to be redeemable for one U.S. dollar. The issuance and custody of PayPal USD are managed by Paxos Trust Company, a regulated financial institution. PYUSD aims to enhance the role of stablecoins in digital payments by offering broad access to the financial system and enabling fast, efficient money transfers within and beyond PayPal’s platform.
PayPal USD functions as a stablecoin by backing each token with U.S. dollar deposits and equivalent cash assets to maintain its peg to the U.S. dollar. Users can buy, hold, and transfer PYUSD through the PayPal app or website. PYUSD can be sent to friends in the U.S. without fees or transferred to external wallets that accept the token. It can also be used for purchases at checkout where PayPal is accepted or converted into other cryptocurrencies supported by PayPal. This multi-use approach makes PYUSD a versatile option for digital payments and crypto transactions.
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PayPal USD news
Trending articles
Social stats
Popularity in posts
#549
Contributors
201
Posts
201
% About PayPal USD
0.043%
Articles
0
X (Twitter)
69.6% bullish
Sentiment
4.8 ★
Highlights
201 unique individuals are talking about PayPal USD and it is ranked #549 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, PayPal USD has an average sentiment score of 4.8 out of 5. Finally, PayPal USD is becoming less newsworthy, with 0 news articles published about PayPal USD.
On Twitter, people are mostly bullish about PayPal USD. There were 72.62% of tweets with bullish sentiment compared to 4.34% of tweets with a bearish sentiment about PayPal USD. 27.38% of tweets were neutral about PayPal USD. These sentiments are based on 1635 tweets.
On Reddit, PayPal USD was mentioned in 26 Reddit posts and there were 41 comments about PayPal USD. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.