|
PayPal USD PYUSD |
BUY
|
|
$0.999765 |
0% (24h) |
|
|
Marketcap |
||
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$3,997,242,096 |
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Volume 24h |
||
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$106,966,330 |
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Description
PayPal USD (PYUSD) is a stablecoin issued by Paxos Trust Company on behalf of the global payment giant PayPal, designed for secure and transparent digital transactions. It is 100% backed by US Dollar deposits, short-term US Treasuries, and similar cash equivalents, ensuring a strict 1:1 price peg. Users can buy, sell, and send PYUSD directly within the PayPal app, bridging the gap between traditional retail payments and the blockchain world. As one of the first stablecoins from a major fintech company, PYUSD is a significant milestone for the mainstream adoption of digital assets.