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PYUSD

PayPal USD

Total Supply
$0
Contracts

Overview

PYUSD is a payment stablecoin issued by Paxos in partnership with PayPal.

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Type

Fiat-backed. Redeemable one-to-one for US dollars.

Summary

PayPal USD (PYUSD) is a stablecoin designed for payments and backed one-to-one by dollar deposits, cash equivalents, and US Treasuries. PYUSD is available to buy, sell, hold, and transfer for eligible accounts at PayPal.

Attestations

Attestations of PayPal USD reserves will be published monthly starting in September, 2023.