PayPal USD (PYUSD) is a stablecoin fully backed by U.S. dollar deposits, U.S. Treasuries, and similar cash equivalents. Issued by Paxos Trust Company, PYUSD offers a digital alternative to traditional fiat currencies, combining the stability of the U.S. dollar with the efficiency of blockchain technology.
PayPal USD (PYUSD) is a stablecoin fully backed by U.S. dollar deposits and U.S. Treasuries, ensuring a 1:1 value with the U.S. dollar.
It operates on the Ethereum and Solana blockchains, enabling fast and secure transactions.
PYUSD allows users to send, receive, and store value within the PayPal ecosystem and beyond, offering seamless integration with digital wallets.
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