PayPal USD (PYUSD) is a stablecoin fully backed by US dollar deposits and US treasuries, designed for seamless payments and blockchain integrations.
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1 USD : 1 PYUSD on PayPal
PYUSD is a stablecoin fully backed by dollar deposits, US treasuries, and cash equivalents
Built on Ethereum and Solana, PYUSD enables easy integration into dApps, wallets, and exchanges.
From hackathons to announcements, connect with the Web3 community and the latest PYUSD events.
Explore the latest in PYUSD product launches, blockchain partnerships, and Web3 news.
PayPal USD (PYUSD) is a stablecoin fully backed by US dollar deposits and US treasuries, designed for seamless payments and blockchain integrations.
Stablecoins are cryptocurrencies designed to maintain a stable value, often by pegging the value to a fiat currency (such as USD) 1:1. Stablecoins keep a low rate of day-to-day volatility yet still provide the benefits of blockchain—fast, cost-effective, global payments.
At its most simple, a blockchain is a shared digital ledger that records every time someone executes a transaction, such as sending or receiving a crypto token such as PYUSD. Blockchains are typically run on a decentralized network of global computers as opposed to a single, centralized entity. Learn more.
PYUSD is available on Ethereum and Solana, providing programmability and scalability.
Developers can integrate PYUSD for payments, dApps, and cross-chain transfers between Ethereum and Solana.
There are no fees for buying, selling, or holding PYUSD. Conversion fees may apply when swapping with other cryptocurrencies, and network fees may apply for on-chain transfers.
PYUSD is compatible with a variety of eligible Ethereum and Solana wallets, as well as platforms like Venmo for consumer transactions.
Paxos Trust Company provides monthly reserve reports and attestations.
Yes, you can transfer PYUSD between Ethereum and Solana using tools like LayerZero to enable cross-chain compatibility.
PYUSD offers fast, stable, low-cost cross-border transactions without relying on the intermediaries involved in fiat currency transfers.
A smart contract is a self-executing computer program, deployed on a blockchain, that automatically executes a set of actions when predetermined conditions are met. Learn more.