PayPal USD (PYUSD)

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.