PayPal USD
PayPal-issued regulated US dollar stablecoin for payments and Web3 applications
- No KYC or registration
- Non-custodial — your keys, your crypto
- 1000+ supported exchange pairs
- Best available exchange rate
PayPal USD Price Chart
About PayPal USD
PayPal USD (PYUSD) is a regulated USD stablecoin issued by Paxos Trust Company and endorsed by PayPal Holdings, one of the world's largest payments companies. Each PYUSD is backed 1:1 by US dollar deposits, short-term Treasuries, and similar cash equivalents held by Paxos. PayPal integrated PYUSD into its app and Venmo, allowing 430M+ users to buy, sell, hold, and transfer PYUSD. PYUSD launched on Ethereum in 2023 and expanded to Solana in 2024, with PayPal offering zero-fee checkout in PYUSD. It represents one of the first major traditional financial institution-issued stablecoins.
History
How to Swap PYUSD
Exchanging PayPal USD (PYUSD) on SyntheticSwap is simple and needs no account or identity check. PYUSD is a multi-chain token primarily on Ethereum, supported by MetaMask, Coinbase Wallet, Trust Wallet, and Ledger Live. Select PYUSD in the swap interface, pick your desired output asset, provide a receiving wallet address, and review the live exchange rate. Your swap settles automatically after your PYUSD deposit is confirmed — the destination token is sent directly to your wallet without delay.
How to Store PYUSD
PYUSD is available as an ERC-20 on Ethereum (MetaMask, Ledger) and as an SPL token on Solana (Phantom, Solflare). It is also held within PayPal and Venmo apps for payment use cases.
