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1 USD : 1 PYUSD on PayPal
PayPal USD (PYUSD)1 is a stablecoin that is redeemable 1:1 for US dollars. Buyselland transfer it in the app or on our site. Pluswhen you hold PYUSD on PayPalyou could get 4% rewards.2
PYUSD is made to have a stable value as it is pegged to the US dollar.
You can get rewards for holding PYUSD in your PayPal wallet.
Check out with PYUSD like you would with any other currency. Or use our convert feature to buy other tokens we support.
Buy PYUSD in the app or on our site and hold at least $1 of PYUSD to get rewards.
Use the convert feature to use PYUSD to buy the other cryptocurrencies we support. Fees apply.3
More ways to pay at millions of merchants where PayPal is accepted.
Send PYUSD to friends on PayPal or Venmo with no network fees. Plusthere are no transfer fees for PYUSD on Solana.
PayPal USD is a stablecoin that’s fully backed by US dollar depositsUS treasuriesand similar cash equivalents. You can buy and sell 1 PYUSD for 1 USD on PayPal.
Stablecoins are a type of cryptocurrency designed to have a steady value over time relative to a reference assetfor examplethe U.S. dollar. They can provide inclusivebroad access to the financial systemand can enable fast and efficient money movement. Stablecoins are programmableoffering developers a useful digital currency that can be built into public blockchains and can help link the traditional economy and Web3.
If you sign up for cryptocurrency services with PayPalyou can buy PYUSD in our app or on our site. Get started.
PayPal USD is issued by Paxos Trust CompanyLLC (Paxos). PayPal and Paxos are committed to ensuring the public availability of reports on the PayPal USD reserve assets. To that endPaxos monthly self-reports the composition of the reserve asset portfolio after each month’s endand monthly attestation reports are also issued by an independent third-party accounting firm. These monthly reports can be found on Paxos’ PayPal USD Transparency page.
There are no fees to buysellhold or transfer PYUSD to eligible US PayPal Balance accounts. There is a fee to convert between PYUSD and other cryptos. More about cryptocurrency fees and pricing.
Eligible customers who hold PYUSD on PayPal and opt in will receive PYUSD rewards based on a percentage of their settled holdings of PYUSD. The PYUSD rewards rate is the annual rate of rewards earned on PYUSD held in your PayPal account (as long as you hold at least 1.0 PYUSD and have opted-in to PYUSD rewards) and is non-compounding. To calculate your PYUSD rewardswe apply a daily periodic rate (the PYUSD Rewards Rate divided by 365) to the average balance of PYUSD you hold during each day of the month. We will credit accrued rewards into your PayPal wallet within thirty (30) calendar days after the start of the next calendar month as long as you remain eligible at the time of crediting.
It’s your do-it-all digital wallet. Load up on offers before you shop. And manage it all on the go.
