PayPal USD
PYUSD is PayPal’s dollar stablecoin, issued by Paxos and backed by dollar deposits and short-duration US government assets.
- Issuer
- Paxos Trust Company
- Created
- August 7, 2023
- Reference currency
- 1 PYUSD → 1 US dollar
Price in USD
PYUSD
- Total supply · Ethereum
- —
- Circulating supply
- —
- Reference network
- Ethereum
About
PYUSD is PayPal’s dollar stablecoin, issued by Paxos and backed by dollar deposits and short-duration US government assets.
Paxos was founded in 2012 and first operated the itBit institutional bitcoin exchange. It received a New York limited-purpose trust charter in 2015, launched Paxos Standard—now USDP—in 2018, and later became the stablecoin and tokenization infrastructure behind products for partners including PayPal and the Global Dollar Network.
What is a stablecoin?Supported chains
- Arbitrum
- Ethereum
- Solana
- Stellar
Sources
This directory is for research, not an endorsement or an availability promise from Fiber. Stablecoin designs, reserves, networks, and redemption terms can change.
These summaries are informational, not legal advice. They identify the issuer or protocol framework but do not determine whether a token is legal, regulated, or available where you live; review current issuer documents and seek local legal advice.