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About PayPal USD (PYUSD)
PayPal USD (PYUSD) is the stablecoin issued by PayPal, making it the first major US payments company to launch its own dollar-pegged digital asset. It is backed by US dollar deposits, short-term Treasuries, and similar cash equivalents, issued by Paxos Trust Company.
Why Investors Watch PayPal USD (PYUSD)
PYUSD's launch represents a significant milestone in mainstream stablecoin adoption - PayPal's 430 million users provide an unmatched distribution network. Its integration into PayPal's payment rails and Venmo positions it to become the first stablecoin used at scale by non-crypto-native consumers.
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