PayPal USD (PYUSD) is a U.S. dollar-pegged stablecoin issued by Paxos Trust Company under the PayPal brand. It is fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and comparable cash equivalents, and can be redeemed on a one-to-one basis for U.S. dollars. PYUSD is designed primarily for use in payments, extending the role of stablecoins into everyday digital commerce within PayPal's network. The token operates across multiple blockchain environments, including Solana, Arbitrum, Ethereum, Starknet, and Stellar, giving it broad multi-chain reach. As a fiat-backed stablecoin, its value is intended to track the U.S. dollar, and it is issued under U.S. regulatory oversight through Paxos, placing it within the "Made in USA" category. Its listing on the Paxos ecosystem reflects the issuing infrastructure, while the diversity of supported chains highlights its design for cross-network settlement and payment use cases.
Tokenization's value is shifting from distribution to programmable collateral, and the design work around each token is what makes that layer safe to use.
Self-custody and on-chain transfers stay outside the framework, so the regulatory gate sits at the US exchange level, where $183B of USDT liquidity currently lives.
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Beyond the $53B price tag, a Stripe-PayPal merger would consolidate merchant rails, 440M consumer wallets, and three competing stablecoin stacks under one roof, with antitrust and the new US…
A hypothetical Stripe-Advent takeover of PayPal would put two of the largest payment rails under one roof, and a Polygon Labs executive argues that concentration is what finally pushes mainstream…
A takeover would combine Stripe's stablecoin push with PayPal's PYUSD footprint, but the parties have not secured an agreement.
Native issuance cuts bridging friction for a $1B-supply stablecoin, landing on a network that has already settled $2.6T in stablecoin volume and a growing institutional footprint.
BlackRock's tokenized Treasury fund, JPMorgan's $3T settlement layer, and stablecoin rails from Visa and Mastercard show the industry built to disintermediate banks now runs on bank infrastructure.
50,055,853 $PYUSD (≈$50.1M USD) has been burned at unknown wallet.
The $150M v4 liquidity migration across USDS, USDT and PYUSD positions Uniswap not as a DEX but as plumbing for the multi-issuer stablecoin economy banks and fintechs are about to enter.
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100M $PYUSD (≈100M) moved from #Paxos to #Ethena.
502.7M $PYUSD (≈502.9M) moved from #Ethena to unknown wallet.
170M $PYUSD (≈170M) moved from unknown wallet to #Ethena.
171.1M $PYUSD (≈171.1M) moved from unknown wallet to #Ethena.
Mastercard is expanding its stablecoin settlement infrastructure to support three major dollar-pegged assets: Circle's…
Where Zipp's editorial desk has weighed in on this token.
From Tokyo's Diet to the White House to DTCC's production rails, the institutions building crypto's next phase moved on the same day.
A retail-bank doorway opens in Frankfurt while BlackRock quietly bleeds BTC, and the SEC-CFTC pact lands on the same day the dollar's rivals are reorganising around it.
BTC spot ETFs bled for a tenth straight day, IBIT alone shed 35,980 coins, and yet the crowd mood won't crack. The smart-money tell is hiding somewhere in between.
PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S.
PayPal USD (PYUSD) is categorised as: Stablecoins, USD Stablecoin, Solana Ecosystem.
The official PayPal USD site is https://www.paypal.com/us/digital-wallet/manage-money/crypto/pyusd.
Most recent PayPal USD coverage: "Tokenization Shifts From Issuance to DeFi Collateral" — read at /en-US/a/tokenization-shifts-from-issuance-to-defi-collateral.
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