PayPal USD (PYUSD)

PayPal meets crypto. The dollar goes digital.

What is PayPal USD?

s dollar-pegged stablecoin, issued by Paxos Trust Company under regulatory oversight. Backed 1:1 by US dollar deposits, short-term Treasury bills, and cash equivalents, PYUSD brings the credibility of one of the world

s 400+ million active users as a distribution channel, PYUSD bridges traditional finance and crypto in a way that few other stablecoins can. Users can buy, hold, send, and receive PYUSD through PayPal and Venmo — making crypto-native stablecoins accessible to mainstream consumers for the first time.",

PayPal USD Ecosystem

Dollar-pegged stablecoin backed by US Treasuries and cash
Integrated into PayPal and Venmo for mainstream access
Available on Ethereum and Solana for DeFi usage
Monthly reserve attestations by independent auditors
Growing adoption as a payment and settlement currency

Frequently Asked Questions

Who issues PYUSD?

PYUSD is issued by Paxos Trust Company, a regulated financial institution based in New York. PayPal is the distribution partner. Reserves are held in US dollar deposits, short-term US Treasury bills, and similar cash equivalents.

Can I buy PYUSD outside of PayPal?

Yes. PYUSD is an ERC-20 token on Ethereum and also available on Solana. You can buy it through crypto exchanges, DEXs, or aggregators like Swaps — and store it in any compatible wallet.

How is PYUSD different from USDC?

Both are regulated dollar stablecoins with transparent reserves. USDC is issued by Circle and has deeper DeFi integration. PYUSD is issued by Paxos with PayPal distribution, giving it unique access to mainstream consumers through PayPal and Venmo.

Is PYUSD available on Solana?

Yes. PYUSD launched on Solana in addition to Ethereum, offering faster transactions and lower fees. Make sure you select the correct network when purchasing to match your wallet.

Can I swap PYUSD for other stablecoins?

Yes. Use the swap feature on Swaps to exchange PYUSD for USDC, USDT, DAI, or other tokens. This gives you flexibility to move between stablecoins without converting back to fiat first.

Buy PayPal USD on Swaps

Compare PayPal USD prices from trusted providers. Buy PYUSD with credit card, bank transfer, Apple Pay, and 29+ payment methods. Non-custodial — crypto goes directly to your wallet.