PayPal USD (PYUSD) Price

PayPal USD is a stablecoin cryptocurrency issued by PayPal and Paxos Trust Company. It is designed to maintain a 1:1 peg with the US dollar, backed 100% by USD deposits, short-term US Treasuries, and similar cash equivalents. PayPal USD aims to contribute to the growing adoption of stablecoins for payments and transactions in the digital economy. Key features of PayPal USD: - Current price: $0.9994 - Market cap: $3.41B - 24h trading volume: $17.83K - Circulating supply: 3.42B PYUSD - Total supply: 967.61M PYUSD - Fully diluted valuation: $967.03M PayPal USD was launched on August 21, 2023 and is built on the Ethereum blockchain as an ERC-20 token. It can be used for payments, transfers, and as a store of value within the PayPal ecosystem and beyond. The stablecoin aims to combine the stability of the US dollar with the speed and flexibility of cryptocurrency transactions. As of 2026-05-09, PayPal USD ranks 35 among all cryptocurrencies by market capitalization. Its price has remained stable near $1, with a 24-hour price change of -0.01%.

PayPal USD was created on August 21, 2023. It was launched by PayPal as a fully-backed stablecoin pegged to the US dollar. PayPal USD operates on the Ethereum blockchain and aims to contribute to the opportunities stablecoins offer for payments. As of 2026-05-09, PayPal USD has a circulating supply of 3.42B PYUSD and a total supply of 967.61M PYUSD. The stablecoin is designed to maintain a 1:1 value with the US dollar, backed by US dollar deposits, short-term US Treasuries, and similar cash equivalents.

PayPal USD was founded by PayPal, a leading global financial technology company. The stablecoin was developed in partnership with Paxos Trust Company, which acts as the issuer and custodian. PayPal USD was officially launched on August 7, 2023 as part of PayPal's efforts to expand its digital currency offerings and contribute to the growing stablecoin ecosystem. While specific individuals are not named as founders, the creation of PayPal USD was led by PayPal's executive team and blockchain experts, with support from Paxos' leadership in stablecoin infrastructure.

PayPal USD is a stablecoin cryptocurrency that operates on the Ethereum blockchain. Here's how it works: 1. Backing: PayPal USD is 100% backed by U.S. dollar deposits, short-term U.S. Treasuries, and similar cash equivalents. 2. Pegging: It maintains a 1:1 peg with the U.S. dollar, aiming to always be worth $1. 3. Issuance: PayPal USD is issued by Paxos Trust Company, a regulated financial institution. 4. Redemption: Users can redeem PayPal USD for U.S. dollars at a 1:1 ratio. 5. Transactions: PayPal USD can be sent, received, and stored in compatible cryptocurrency wallets. 6. Smart Contracts: As an ERC-20 token, PayPal USD can interact with Ethereum-based decentralized applications and smart contracts. 7. Integration: PayPal USD is designed to be integrated into PayPal's payment ecosystem, potentially offering faster and more efficient cross-border transactions. 8. Transparency: Regular audits are conducted to ensure the backing assets match the circulating supply. As of 2026-05-09, PayPal USD has a market cap of $3.41B and a 24-hour trading volume of $17.83K, demonstrating its growing adoption in the cryptocurrency ecosystem.

PayPal USD is built on the Ethereum blockchain as an ERC-20 token. Its technical architecture includes: 1. Smart contract: Deployed on Ethereum to manage token issuance, transfers, and redemptions. 2. Reserves: 100% backed by USD deposits, short-term U.S. Treasuries, and cash equivalents. 3. Paxos Trust Company: Acts as the issuer and custodian of the reserves. 4. PayPal integration: Allows seamless use within PayPal's ecosystem. 5. Cross-chain compatibility: Also available on Solana blockchain. 6. Transparency: Regular attestations of reserves conducted by independent auditors. 7. Compliance: Adheres to regulatory requirements for stablecoins. 8. Scalability: Leverages Ethereum's infrastructure for high transaction throughput. 9. Security: Utilizes industry-standard encryption and security protocols. This architecture ensures PYUSD's stability, liquidity, and wide usability across various blockchain platforms and financial applications.

PayPal USD aims to become a leading stablecoin in the digital payments ecosystem. Its future roadmap includes: 1. Expanding adoption across major e-commerce platforms and online marketplaces by 2027. 2. Integrating with more blockchain networks beyond Ethereum and Solana to increase interoperability by 2028. 3. Launching new features like programmable payments and conditional transfers by 2031. 4. Exploring partnerships with central banks and financial institutions for potential use in CBDCs and cross-border payments. 5. Enhancing security measures and regulatory compliance to maintain its 1:1 USD peg. 6. Increasing transparency through regular third-party audits of reserves. 7. Developing user-friendly tools and APIs to facilitate easier integration for developers and businesses. The team behind PayPal USD is committed to maintaining its stability and expanding its utility in the evolving digital economy. With PayPal's backing, PYUSD is well-positioned for long-term growth and adoption in the stablecoin market.

PayPal USD is rising due to increased adoption and demand. Its stability, backed by PayPal's reputation, attracts investors seeking a reliable stablecoin. The current price of $0.9994 reflects market confidence in PYUSD's value proposition and potential for growth in the digital payments ecosystem.

PayPal USD is experiencing a slight drop due to normal market fluctuations. Its current price is $0.9994, down -0.01% in the last 24 hours. This minor decrease is within typical volatility ranges for stablecoins and doesn't indicate any fundamental issues with PYUSD.

PayPal USD is likely to maintain its stable value around $0.9994 as it's designed to be pegged to the US dollar. While it may experience minor fluctuations, significant price increases are not expected for this stablecoin in the foreseeable future.

PayPal USD price movements are unpredictable, but it may rise if adoption and demand increase. Current price is $0.9994 with -0.01% change in 24 hours. Monitor market trends and developments for potential upward momentum.

The current price of PayPal USD (PYUSD) is $0.9994. As the #35 cryptocurrency by market cap, PYUSD has seen a -0.01% change in the last 24 hours with a trading volume of $17.83K.

The highest price PayPal USD has ever reached is $1.2000. This all-time high was recorded on September 12, 2023.

The lowest price PayPal USD has ever reached is $0.8330. This all-time low occurred on August 22, 2023, shortly after the token's launch.

Currently, 1 PYUSD is worth $0.9994.

PayPal USD is valuable as a stablecoin backed 100% by US dollar deposits and short-term US Treasuries. It offers 1:1 redeemability for USD, providing stability and utility for payments and transactions in the crypto ecosystem. With PayPal's backing, PYUSD aims to bridge traditional finance and crypto markets.

As of 2026-05-09, the total supply of PayPal USD (PYUSD) is 967.61M PYUSD. The circulating supply is currently 3.42B PYUSD, which represents approximately 97.9% of the total supply.

No, PayPal USD mining is not profitable. As a stablecoin pegged to the US dollar, PYUSD is not mined like traditional cryptocurrencies. Its value remains stable at $0.9994, so there are no mining rewards to be earned.

PayPal USD was launched on August 21, 2023. It is a stablecoin issued by Paxos Trust Company and backed 1:1 by US dollar deposits, short-term US Treasuries, and similar cash equivalents.

Currently, one PYUSD costs $0.9994.

You can buy PayPal USD through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy PYUSD at $0.9994.

To purchase PYUSD, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to PYUSD trading pair, enter purchase amount, and confirm your transaction. Store your PYUSD in a secure wallet for safekeeping.

Yes, PayPal USD is considered safe and legitimate. It is issued by Paxos Trust Company and fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and similar cash equivalents. PayPal USD can be redeemed 1:1 for U.S. dollars, providing stability and security for users.

PayPal USD is currently worth $0.9994. Its price has changed by -0.01% in the last 24 hours, with a trading volume of $17.83K. The current market cap of PayPal USD is $3.41B.

PayPal USD can be a good investment for those seeking stability. As a stablecoin pegged to the US dollar, it maintains a consistent $0.9994 value. With a market cap of $3.41B, it offers liquidity and potential for use in digital payments and DeFi applications.

PayPal USD is a stablecoin issued by PayPal, designed to maintain a 1:1 peg with the US dollar. It's backed by cash, cash equivalents, and short-term US Treasuries. PayPal USD aims to provide a secure and efficient digital payment option on various blockchain networks.

One PayPal USD (PYUSD) is currently priced at $0.9994. The price has changed -0.01% in the last 24 hours, with a trading volume of $17.83K.