PYUSD
PayPal USD
PYUSD

PayPal USD price

in USD
$0.99944
$0.00 (+0.00%)
USD
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Market cap
$1.17B #49
Circulating supply
1.18B / 1.18B
All-time high
$4.999
24h volume
$116.10M
4.2 / 5
PYUSDPYUSD
USDUSD
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About PayPal USD

PYUSD (PayPal USD) is a stablecoin designed for fast, low-cost digital payments. Backed by trusted financial institutions, it maintains a 1:1 value with the US dollar, making it a reliable way to send and receive money globally. As a product of PayPal, PYUSD benefits from the company's extensive payment network, allowing users to seamlessly transfer funds between crypto and traditional finance. Its primary use cases include online purchases, remittances, and trading on crypto exchanges. With growing adoption across multiple blockchains, PYUSD offers a secure bridge between everyday finance and the digital economy.
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PayPal USD’s price performance

Past year
--
--
3 months
+0.00%
$1.00
30 days
+0.01%
$1.00
7 days
+0.04%
$1.00

PayPal USD on socials

Paxos
Paxos
Update: We'll be hosting an X Space to discuss v2 of the USDH proposal with @PayPal. ❏ @webergems, Head of PYUSD Ecosystem, PayPal ❏ @ronakdaya, Head of Product, Paxos ❏ @bhau___, Co-Founder, @PaxosLabs Join at 12pm ET:
Paxos
Paxos
Tomorrow, we’ll be addressing questions on our @HyperliquidX USDH proposal. Join us at 12pm ET with: ❏ @ronakdaya, Head of Product, Paxos ❏ @bhau___, Co-Founder, Paxos Labs Ask here, and we’ll QT and answer the top submissions from the community.
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1.94K
32
James Evans
James Evans
0/ The new paxos $USDH proposal is strong, props to the team for incorporating feedback. Here's my current pov: both the paxos and ethena proposals make $USDH a wrapper around existing products $PYUSD and $USDTB, respectively, and that's a messy set up.
James Evans
James Evans
0/ Two new contenders entered the arena that I want to talk about: Ethena and Sky.
40.02K
6
Octave Not Punk
Octave Not Punk
I compared the liquidity of each of the stables operated by USDH candidates. I looked at their quotes against USDC (from $50K to $5M) and it seems that: ➡️ All of them except frxUSD and AUSD (not in chart) have deep liquidity until 500K trades ➡️ USDS, USDP and PYUSD are the only maintaining over 0.9995 (i.e. 5bps differential) above $1M ➡️ AUSD is still pretty small (less than $50M mcap on Mainnet) and basically has no interesting quotes above $200K. Ofc their liquidity can vary and can largely improve in the future, but it gives a glimpse of the maturity of all stablecoins mentioned in the proposals/
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Ash
Ash
So @HyperliquidX just opened a request for proposal (RFP) to assign the $USDH ticker to a 3rd party stablecoin issuer (stakers and validators vote on the proposal of their choice). Why Hyperliquid wants this This would greatly reduce the reliance on USDC/Coinbase, and most importantly keep reserve yield + liq incentives inside the HL ecosystem --> why let value leak to external parties? Projects involved • @ethena_labs: Fiat-backed USDH via USDtb; ≥95% of net reserve yield routed back to HL + migration paths from USDC • @Paxos: Enterprise rails and audits; returns 95% of interest to $HYPE buybacks and eco • @withAUSD: State Street custody + @vaneck_us asset manager; 100% of net revenue to HL; $10m+ day-1 liq on HL • @fraxfinance: USDH at frxUSD parity; 0% take rate, on-chain T-bill yield to HL; mint/redeem across frxUSD/USDC/USDT/fiat • @fiege_max (Native Markets): Issuer-agnostic via Bridge; 50% yield stream to the Hyperliquid Assistance Fund, 50% to growth; programmatic mint/redeem • @CurveFinance: dUSDH stablecoin which is a a decentralized CDP twin (crvUSD/LLAMMA) to sit alongside a regulated USDH • @SkyEcosystem: USDS-style multi-colalt with PSM; instant 2.2b USDC redemption; directs ~4.85% return on HL-held USDH to HYPE buybacks • @BastionPlatform: NYDFS-chartered trust; issuance-as-a-service; free USD mint/redemptions, compliance-first What is most important • HL-first + HL-aligned • Compliant • Revenue-share % + day-1 liquidity • Custodians + redemptions This is big, literally choosing who powers HL’s stablecoin which would have massive volumes Read more about the differences below
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2.58K
2
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PayPal USD FAQ

Currently, one PayPal USD is worth $0.99944. For answers and insight into PayPal USD's price action, you're in the right place. Explore the latest PayPal USD charts and trade responsibly with OKX.
Cryptocurrencies, such as PayPal USD, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as PayPal USD have been created as well.
Check out our PayPal USD price prediction page to forecast future prices and determine your price targets.

Dive deeper into PayPal USD

PayPal USD (PYUSD) is a stablecoin backed by U.S. dollars. It maintains a 1:1 value with the U.S. dollar, ensuring stability. Users can buy, sell, hold, and transfer PYUSD through PayPal’s platform. It is compatible with Ethereum and Solana.

Disclaimer

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Market cap
$1.17B #49
Circulating supply
1.18B / 1.18B
All-time high
$4.999
24h volume
$116.10M
4.2 / 5
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