PYUSD Logo

PayPal USD PYUSD

$0.9997494

0% (24h)

Marketcap

$852,518,903

Volume 24h

$17,099,782


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Description

Pax Dollar (PYUSD) is a stablecoin designed to provide a stable and secure digital representation of the US dollar. Launched in 2023 by Paxos, PYUSD aims to offer a reliable and decentralized alternative for transactions and digital finance applications. PYUSD, the platform's native token, is used for payments, transactions, and as a reserve asset within the ecosystem. Pax Dollar seeks to enhance the stability and efficiency of digital currency in various applications.