Designed for payments.
1 USD: 1 PYUSD on PayPal
Introducing the new cryptocurrency, PayPal USD (PYUSD).1 It’s a stablecoin backed by secure and highly liquid assets. As PYUSD rolls out, you’ll be able to buy, sell, hold, and transfer it in our app or on our site.
Looking to partner with us to expand PYUSD? Send us an email at: pyusd@paypal.com.
![PayPal Stablecoin | US Dollar Cryptocurrency (1) PayPal Stablecoin | US Dollar Cryptocurrency (1)](https://i0.wp.com/www.paypalobjects.com/marketing/web23/us/en/quantum-leap/pyusd/hero_size-all.png?quality=75&width=300)
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 in 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
Ready to get started?
Buy, sell, hold, and transfer it to our app or on our site.
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