PayPal USD (PYUSD)
PYUSD is a fully backed, U.S. dollar-denominated stablecoin issued by Paxos and integrated with PayPal for fast, low-cost payments on multiple blockchains.
Overview
PayPal USD (PYUSD) is a U.S. dollar-backed stablecoin issued by Paxos Trust Company and integrated with PayPal’s platform to enable seamless, near-instant payments on multiple blockchains. Designed for developers and enterprises, PYUSD supports a variety of payment use cases including peer-to-peer transfers, business-to-business payments, global payouts, microtransactions, and web3 commerce. It offers low to no-cost transactions and is fully backed by U.S. dollar reserves, with monthly transparency reports and third-party attestations to ensure trust and compliance.
PYUSD is accessible through PayPal’s extensive financial ecosystem, allowing users to leverage stablecoin payments alongside traditional fiat services such as PayPal’s debit cards, credit offerings, and savings accounts. Developers can integrate PYUSD via Paxos’s open APIs and SDKs, enabling minting, redemption, and conversion of the stablecoin on supported blockchains. This integration facilitates the creation of new financial products and services that require stable, programmable digital dollars.
What sets PYUSD apart is its combination of regulatory compliance, transparency, and broad ecosystem support through PayPal’s global user base and Paxos’s blockchain infrastructure. Unlike many stablecoins, PYUSD benefits from the backing of a regulated trust company and is designed to work seamlessly with existing financial tools and web3 applications. Developers can get started quickly using Paxos’s comprehensive developer guides and API documentation, with support available from the Paxos stablecoin team.
The Problem
Traditional cross-border payments and digital transactions often suffer from high fees, slow settlement times, and lack of transparency. Many stablecoins lack regulatory oversight or broad integration with mainstream financial platforms, limiting their adoption for everyday payments and business use.
The Solution
Key Features
Near-Instant Settlements
Enables fast, low-cost transactions suitable for microtransactions and global payouts.
Open APIs and SDKs
Developer tools for minting, redeeming, and converting PYUSD on supported blockchains.
Fully Backed Stablecoin
Each PYUSD token is backed 1:1 by U.S. dollar reserves held by Paxos.
Key Strengths
How Developers Use PayPal USD (PYUSD)
Cross-border peer-to-peer payments
Users and businesses can send and receive stablecoin payments globally with low fees and fast settlement.
Business-to-business transfers
Enterprises can leverage PYUSD for efficient invoicing, payroll, and supplier payments across borders.
Web3 commerce and microtransactions
Developers can integrate PYUSD into dApps and marketplaces to enable stable, programmable payments.
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Pricing
Standard | |
|---|---|
| Price (Monthly) | Free |
| Price (Annual) | Free |
| Messaging | N/A |
| Support | Community support via Paxos developer resources |
| Analytics |
Resources
Paxos provides comprehensive developer documentation, API references, and transparency reports for PYUSD, supporting developers in integrating the stablecoin into various blockchain applications.