PayPal USD is a stablecoin that maintains a 1:1 value with the US dollar. It is issued by Paxos Trust Company and backed by US dollar deposits, short term US Treasuries, and cash equivalents. PYUSD operates on the Ethereum blockchain, enabling on chain transfers and smart contract integration. Users can redeem PYUSD for US dollars through Paxos, ensuring that the token’s value remains aligned with the dollar at all times.

Yes, PayPal USD is fully backed by real world assets. Its reserves consist of US dollar deposits, short term US Treasuries, and similar cash equivalents. These reserves are held separately from corporate assets and are designed to support 1:1 redemption. Paxos publishes monthly reserve reports and independent attestations, providing transparency into the assets backing PYUSD and confirming that sufficient reserves exist to cover all tokens in circulation.

PayPal USD is issued by Paxos Trust Company, a regulated blockchain infrastructure provider. Paxos is responsible for minting, redeeming, and managing PYUSD reserves. While PayPal supports the integration and distribution of PYUSD within its ecosystem, Paxos acts as the official issuer and custodian. This structure ensures regulatory compliance and clear accountability for reserve management, token issuance, and redemption processes.

Yes, PayPal USD is regulated by the New York State Department of Financial Services. This regulatory oversight requires Paxos to follow strict standards related to reserve backing, asset custody, and consumer protection. The regulation ensures that PYUSD reserves are held in approved assets and segregated from company funds. This framework is designed to reduce counterparty risk and increase transparency for users holding or transacting with PYUSD.

PayPal USD operates on the Ethereum blockchain as an ERC 20 token. This allows PYUSD to be compatible with Ethereum wallets, decentralized applications, and smart contracts. Running on Ethereum enables PYUSD to be used for on chain payments, DeFi protocols, and programmable financial workflows. Ethereum’s security model and widespread developer adoption make it a suitable base layer for a regulated stablecoin designed for global usage.

PayPal USD is secured through a combination of regulatory oversight, reserve backing, and blockchain infrastructure. Reserves are held in US dollar deposits and US Treasuries under regulatory supervision. Monthly attestations verify reserve sufficiency. On the blockchain side, PYUSD relies on Ethereum’s security for transaction validation. Custodial safeguards such as secure key management and operational controls are also used to protect issuance and redemption processes.

PayPal USD is designed for digital payments, peer to peer transfers, crypto trading, and on chain financial applications. Its price stability makes it suitable for transactions where volatility is undesirable. PYUSD can also be used as a settlement asset within blockchain applications, allowing developers to integrate dollar denominated payments into smart contracts. It acts as a bridge between traditional payment systems and blockchain based financial services.

Yes, PYUSD can be redeemed 1:1 for US dollars through Paxos. Redemption is supported by the stablecoin’s fully backed reserve structure, ensuring that each token corresponds to an equivalent amount of dollar denominated assets. This redeemability is a key mechanism that helps maintain PYUSD’s price stability and ensures confidence in its peg to the US dollar.

PayPal USD stands out due to its connection with PayPal’s global payments infrastructure and its regulated issuance by Paxos. It emphasizes transparency through monthly reserve attestations and regulatory oversight by a US financial authority. PYUSD is also positioned for both consumer payments and programmable blockchain use cases, combining traditional payment familiarity with on chain functionality within the Ethereum ecosystem.

PayPal USD does not have individual founders in the traditional sense. It is the result of a collaboration between PayPal and Paxos Trust Company. While PayPal’s original founders established the company’s digital payments legacy, PYUSD itself is issued and managed by Paxos. The stablecoin is governed through regulatory compliance and operational controls rather than founder led protocol governance.

The current PayPal USD price is $1.00. The PayPal USD price has changed by -0.003178028384107039% in the last 24 hours.

The current market capitalization is $3,991,211,764. This represents the total value of all circulating tokens at the current price.

There are currently 82,593 unique addresses holding PayPal USD. The top 10 holders control approximately 65% of the total supply.

The 24-hour trading volume is $52,332,386. This represents the total value of all trades executed in the last 24 hours across all exchanges.

PayPal USD is available for trading on various centralized exchanges (CEX) like Bullish, Curve (Ethereum), HTX and decentralized exchanges (DEX) like Uniswap V3 (Ethereum), Uniswap V3 (Arbitrum One). These platforms offer trading pairs with various cryptocurrencies and fiat currencies.

The primary contract address is 0x6c3ea9036406852006290770bedfcaba0e23a0e8 on the ethereum blockchain. This is where the token's core functionality is implemented.

The all-time high for PayPal USD was $1. This represents the highest price the token has ever reached.