PayPal stablecoin

Built for payments.

1 USD : 1 PYUSD on PayPal

PayPal USD (PYUSD)1 is a stablecoin backed by secure and highly liquid assets. Buy, sell, hold, and transfer it in our app or on our site.

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Stablecoin simplified

Backed by reserves

PayPal USD is designed to maintain a stable $1 USD value. It’s backed by dollar deposits, US treasuries, and cash equivalents.

Easy in, easy out

Buy, sell, hold, and transfer PayPal USD on our app or on our site.2 Send it to friends in the US on PayPal without fees. Or send to Ethereum and Solana wallet addresses that accept PYUSD in just a few steps. Network fees may apply.

Checkout and more

Check out with crypto and we’ll sell your PayPal USD so you can pay for your items. Plus, you can use our convert feature to buy the other cryptos we support. Fees apply.2

Here’s what you

can do with PayPal USD:

Buy and sell

Buy and sell PayPal USD in the app or on our site.

Convert

Use the convert feature to buy the other cryptos we support. Fees apply.2

Pay

Check out with crypto at millions of online stores. We’ll sell your PayPal USD so you can pay for your items.

Send and receive

Send PayPal USD to friends in the US on PayPal without fees. Plus, you can transfer to Ethereum and Solana wallet addresses that accept PYUSD in just a few steps.2

Open and programmable

Developers can use PayPal USD as the payments layer to build new services and products on public blockchains. PYUSD is initially built on Ethereum and Solana blockchains built for programmability, and compatible with the most widely used exchanges, wallets, and dApps.

Frequently asked questions

Looking for ways to manage your finances?

All in

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PayPal app

It’s your do-it-all digital wallet. Load up on cash back offers before you shop. Track your packages. And manage it all on the go.