Stablecoin · #36 by market cap (snapshot)
PayPal USD
—
24h loading…
🧩 What it is
PayPal USD is a US-dollar stablecoin launched by PayPal in 2023 and issued by Paxos.
⚡ Why it's interesting
It brings a household fintech brand into crypto and is available to some PayPal and Venmo users, plus on Ethereum and Solana.
⚠️ Key risks
Issuers can freeze funds. Adoption has lagged behind the leaders, and you rely on Paxos's reserves and US regulation.
👀 What to watch
usage in PayPal and Venmo, availability outside the US and DeFi integrations. A big brand only helps if people actually use it. Supply growth is the simplest signal.
Written by the Hodlia.fi editorial team. Education only — not financial advice, no price predictions.
Last 30 days
❓ PayPal USD FAQ
What is PayPal USD (PYUSD)?
PayPal USD is a US-dollar stablecoin launched by PayPal in 2023 and issued by Paxos.
Why do people follow PayPal USD?
It brings a household fintech brand into crypto and is available to some PayPal and Venmo users, plus on Ethereum and Solana.
What are the main risks of PayPal USD?
Issuers can freeze funds. Adoption has lagged behind the leaders, and you rely on Paxos's reserves and US regulation.
What should I watch with PayPal USD?
usage in PayPal and Venmo, availability outside the US and DeFi integrations. A big brand only helps if people actually use it. Supply growth is the simplest signal.
Is PayPal USD a good investment?
Hodlia doesn't give investment advice. Whether PayPal USD fits you depends on your goals, time horizon and how much loss you can handle. Crypto prices can fall sharply and fast. Read the risks above, compare with a diversified alternative and consider independent advice.