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PayPal USD (PYUSD)

PayPal USD (PYUSD) is a stablecoin fully backed by US dollar deposits, US Treasuries and similar cash equivalents. You can buy and sell 1 PYUSD for 1 US dollar on PayPal. Stablecoins are a type of cryptocurrency designed to have a stable value over time against a benchmark asset such as the US dollar.

PYUSD
DeFi · 7/17/2025 · 5 min read · Updated 3/3/2026

PayPal’s Strategic Leap: Expanding PYUSD to Arbitrum for a Seamless Multichain Future

In a significant move poised to redefine digital commerce, PayPal is expanding its U.S. dollar-pegged stablecoin, PYUSD, to the Arbitrum network. This integration marks a pivotal step in PayPal’s strategy, adding a third foundational blockchain after its initial rollout on Ethereum and subsequent expansion to Solana. The strategic inclusion of Arbitrum, a leading Layer 2 […]

PayPal USD (PYUSD)
Ethereum · 8/8/2023 · 3 min read · Updated 4/16/2025

PayPal releases its own stablecoin PayPal USD (PYUSD)

After more than a year and a half of development: PayPal is releasing its own stablecoin PayPal USD (PYUSD). The product is based on Ethereum and is intended to lead the financial service provider into the new era of digital means of payment. Initially, the token will only be available in the USA. PayPal releases its own […]