PayPal USD (PYUSD) Exchange

PYUSD is a fiat-backed stablecoin issued by PayPal and Paxos Trust Company

senden

pyusd

erhalten

Swapzone-Gebühr: 0%

PayPal USD Market Data

Price

$ 1.00

24h % price

-0.00%

7d % price

0.01%

Market Cap

$ 2,899,468,717.40

24h volume

$ 48,799,834.71

Coin supply

2,899,444,371.656

Popular PYUSD Exchange Pairs

Tausche PYUSD gegenPairsStatus

Bitcoin

pyusd / btc

Active

Ethereum

pyusd / eth

Active

Monero

pyusd / xmr

Active

ZCash

pyusd / zec

Active

Litecoin

pyusd / ltc

Active

XRP

pyusd / xrp

Active

Tether

pyusd / usdt

Active

Stellar

pyusd / xlm

Active

TRON

pyusd / trx

Active

USD Coin

pyusd / usdc

Active

Other Cryptocurrencies to Exchange

Popular Alternatives to Buy

Bitcoinbtc Cardanoada Ethereumeth GRAMton Litecoinltc Moneroxmr Pirate Chainarrr Solanasol Stellarxlm Tetherusdt TRONtrx USD Coinusdc USDCEusdceop XRPxrp ZCashzec

What Is PayPal USD (PYUSD)?

What Is PYUSD?

PYUSD is a fiat-backed stablecoin issued by PayPal in partnership with Paxos Trust Company

PYUSD Supply and Reserve Model

PYUSD uses a fully reserved model managed by Paxos Trust Company under a New York Department of Financial Services (NYDFS) trust charter — the same regulatory framework that governs Paxos-issued USDP.<br/>Reserve assets — US dollar deposits

What Determines PYUSD's Demand

PYUSD's unique demand driver is PayPal's existing payment infrastructure. With 35 million merchants accepting PayPal and approximately 400 million active accounts globally

How to Exchange PYUSD on Swapzone

Open the PYUSD exchange page

Go to swapzone.io/exchange/paypal-usd. Select PYUSD as the sending asset to convert it to another currency

Enter the amount and choose the target currency

Type the PYUSD amount (or the target currency amount) you want to exchange. Swapzone fetches live quotes from all available partners simultaneously.

Compare offers and select a partner

Review each offer by rate

Enter the receiving wallet address

Provide the wallet address for the asset you are receiving. If receiving PYUSD

Send PYUSD and wait for completion

Send PYUSD to the deposit address provided. The swap processes automatically. A Solana PYUSD swap typically completes in under 2 minutes; an Ethereum PYUSD swap may take 5 to 20 minutes depending on gas conditions.

How to Choose a PYUSD Exchange Partner

Swapzone shows all live PYUSD offers in one place. Three criteria matter most.

By best rates

By transaction speed

By KYC frequency

PYUSD is pegged to $1

PayPal USD (PYUSD) Analysis

PYUSD's strategic moat is distribution — not technology. Its $1 peg mechanics and reserve model are functionally identical to USDC. The differentiation is PayPal's 400 million user base and 35 million merchant integrationsNo prediction is certain. Regulatory changesDisclaimer: This content is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile and trading carries substantial risk of loss. Past performance is not indicative of future results.

Frequently Asked Questions About PayPal USD (PYUSD)

What is PYUSD and who issues it? dropdown

PYUSD is a fiat-backed stablecoin issued by PayPal in partnership with Paxos Trust Company. It launched in August 2023 on Ethereum and expanded to Solana in May 2024. It is regulated by the New York Department of Financial Services (NYDFS) under Paxos's trust charter — the same regulatory framework that governs other Paxos-issued stablecoins.

Why is PYUSD different from USDC and USDT? dropdown

PYUSD's primary differentiator is PayPal's payments infrastructure. PayPal has 35 million merchant integrations globally and approximately 400 million active accounts. PYUSD can be spent at these merchants through PayPal checkout and used for peer-to-peer payments via Venmo. This gives PYUSD a direct consumer-to-merchant payment use case that USDC and USDT lack at equivalent scale.

Is PYUSD available on Solana? dropdown

Yes. PYUSD launched on Solana in May 2024 as a Solana Program Library (SPL) token. Solana transactions confirm in under a second with fees under $0.001

What are the reserve assets backing PYUSD? dropdown

PYUSD is backed by US dollar deposits

Does PYUSD have a freeze or blacklist function? dropdown

Yes. PYUSD's smart contract includes freeze and wipe functions that allow Paxos to freeze tokens at specific addresses or wipe token balances in compliance with law enforcement orders. This is consistent with NYDFS regulatory requirements for licensed money transmitters operating in New York. The same freeze capability exists in USDC and was used by Circle in the Tornado Cash sanction case in August 2022.

Can I withdraw PYUSD from PayPal to a self-custody wallet? dropdown

Yes. Verified PayPal users in the United States can transfer PYUSD from their PayPal account to an external Ethereum or Solana wallet address. This gives users the option to move PYUSD to DeFi protocols or hold it in self-custody. However

What happened to PYUSD supply after the Solana launch? dropdown

PYUSD circulating supply exceeded $1 billion in April 2024

How does PayPal's merchant network affect PYUSD's real-world utility? dropdown

PayPal processes payments for 35 million merchants globally. PayPal customers with PYUSD in their accounts can use it at these merchants through standard PayPal checkout — the merchant receives whatever currency they accept

Is PYUSD available outside the United States? dropdown

PYUSD is currently available to PayPal users in the United States. International PayPal customers may be able to receive PYUSD from on-chain transactions

What is the relationship between PYUSD and Paxos? dropdown

PayPal contracted Paxos Trust Company to issue and manage PYUSD's reserves. Paxos is the technical issuer under its NYDFS trust charter. PayPal is the commercial partner — it provides the user-facing product

How do I exchange PYUSD on Swapzone? dropdown

Go to swapzone.io/exchange/paypal-usd