PayPal USD (PYUSD)

Market Cap--

24h Volume--

Volume / Market Cap--

Circulating Supply--

Max Supply--

Fully Diluted Valuation--

24h High / Low--

All-Time High--

All-Time Low--

7d Change--

30d Change--

PayPal USD (PYUSD)

What is PayPal USD?

PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal USD is redeemable 1:1 for U.S. dollars and is issued by Paxos Trust Company.

Key Facts & Snapshot

Symbol: PYUSD
CoinGecko id: paypal-usd
Market cap rank (CoinGecko): #27
Categories: Stablecoins, USD Stablecoin, Solana Ecosystem, Arbitrum Ecosystem, Ethereum Ecosystem, Starknet Ecosystem, Stellar Ecosystem, Fiat-backed Stablecoin, Made in USA
Circulating supply (snapshot): 4,015,384,914
Total supply (snapshot): 4,015,384,914
All-time high (USD, CoinGecko): $1.08 (Apr 2, 2026)
All-time low (USD, CoinGecko): $0.9594 (Dec 5, 2024)

Market (USD snapshot)

Market cap (USD, snapshot): $4.01B
24h volume (USD, snapshot): $83.04M
Fully diluted valuation (USD, snapshot): $4.01B
24h price change (snapshot): -0.02%

Contract addresses (by platform)

ethereum: 0x6c3ea9036406852006290770bedfcaba0e23a0e8
solana: 2b1kV6DkPAnxd5ixfnxCpjxmKwqjjaYmCZfHsFu24GXo
stellar: CCCRWH6Q3FNP3I2I57BDLM5AFAT7O6OF6GKQOC6SSJNDAVRZ57SPHGU2
arbitrum-one: 0x46850ad61c2b7d64d08c9c754f45254596696984

Official & Community Links

Learn More

Frequently Asked Questions

What is PayPal USD (PYUSD)?

PayPal USD (PYUSD) is a fiat-backed stablecoin issued by PayPal that is pegged to the US dollar. It operates across multiple blockchains including Ethereum, Solana, Arbitrum, Starknet, and Stellar, with a circulating supply of over 4 billion tokens.

How does PYUSD maintain its $1 peg?

PYUSD is a fiat-backed stablecoin, meaning each token is backed by US dollar reserves held by PayPal. Its price has remained stable between $0.9594 and $1.08 since launch, staying close to its intended $1 value.

Which blockchains support PayPal USD?

PYUSD is available on five major blockchain networks: Ethereum, Solana, Arbitrum, Starknet, and Stellar. This multi-chain approach allows users to transact with PYUSD across different ecosystems.

Can PYUSD lose its value or go below $1?

While PYUSD is designed to maintain a $1 peg through fiat backing, stablecoins can experience temporary deviations during market stress or if reserve backing is questioned. PYUSD’s all-time low of $0.9594 shows it can drop slightly below peg, though it has remained relatively stable compared to algorithmic stablecoins.

Is PayPal USD regulated in the United States?

PYUSD is categorized as “Made in USA” and is issued by PayPal, a regulated financial services company. As a fiat-backed stablecoin from a major US corporation, it operates under PayPal’s existing regulatory framework, though stablecoin regulation continues to evolve.