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How to Buy PayPal USD
Good news! You can buy PayPal USD on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy PayPal USD.
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PayPal USD (PYUSD) is a stablecoin pegged to the U.S. dollar. PYUSD is redeemable on a 1:1 basis for U.S. dollars and collateralized by U.S. dollars held in cash or cash equivalents.
Buy PayPal USDEarn up to $2,000 when you buy $50 in crypto
Sign me up$2.74B
2.42%
$2.74B
2.7B PYUSD
Not enough data
2.7B PYUSD
$2.74B
#37
0.08%
$226.06M
-25.39%
$1.85B
$8.17B
$1.00
PYUSD vs markets
↘ 37.61%
PYUSD vs BTC
↘ 36.01%
PYUSD vs ETH
↘ 31.64%
Tags
stablecoin
asset-backed-stablecoin
usd-stablecoin
fiat-stablecoin
Network | Address | |
---|---|---|
Solana | 2b1kV6DkPAnxd5ixfnxCpjxmKwqjjaYmCZfHsFu24GXo | |
Ethereum | 0x6c3ea9036406852006290770BEdFcAbA0e23A0e8 |
Time | Price | Change |
---|---|---|
Today | $1.00 | 0.00% |
1 Day | $1.00 | 0.00% |
1 Week | $1.00 | 0.00% |
1 Month | $1.00 | 0.00% |
1 Year | $1.00 | 0.00% |
PayPal USD (PYUSD) is a stablecoin designed to maintain a 1:1 value with the U.S. dollar. Fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and similar cash equivalents, each PYUSD token is intended to be redeemable for one U.S. dollar. The issuance and custody of PayPal USD are managed by Paxos Trust Company, a regulated financial institution. PYUSD aims to enhance the role of stablecoins in digital payments by offering broad access to the financial system and enabling fast, efficient money transfers within and beyond PayPal’s platform.
PayPal USD functions as a stablecoin by backing each token with U.S. dollar deposits and equivalent cash assets to maintain its peg to the U.S. dollar. Users can buy, hold, and transfer PYUSD through the PayPal app or website. PYUSD can be sent to friends in the U.S. without fees or transferred to external wallets that accept the token. It can also be used for purchases at checkout where PayPal is accepted or converted into other cryptocurrencies supported by PayPal. This multi-use approach makes PYUSD a versatile option for digital payments and crypto transactions.
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Trending articles
Popularity in posts
#285
Contributors
626
Posts
928
% About PayPal USD
0.084%
Hold times
0 days
X (Twitter)
22.41% bullish
Sentiment
3.5 ★
Highlights
626 unique individuals are talking about PayPal USD and it is ranked #285 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, PayPal USD has an average sentiment score of 70 out of 5. Finally, PayPal USD is becoming less newsworthy, with 0 news articles published about PayPal USD.
On Twitter, people are mostly neutral about PayPal USD. There were 30.21% of tweets with bullish sentiment compared to 34.82% of tweets with a bearish sentiment about PayPal USD. 69.79% of tweets were neutral about PayPal USD. These sentiments are based on 1047 tweets.
On Reddit, PayPal USD was mentioned in 0 Reddit posts and there were 0 comments about PayPal USD. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.