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PayPal USD (PYUSD)

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PayPal USD (PYUSD), launched by payments platform PayPal, is a stablecoin pegged to the U.S. dollar. The stablecoin is backed by secure dollar deposits, U.S. treasuries and cash equivalents to keep it matched to a $1 value. PayPal USD can be bought, sold, sent, received and converted to other currencies through PayPal, and can also be used as a payment method when checking out in online stores using PayPal.
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PayPal USD (PYUSD), launched by payments platform PayPal, is a stablecoin pegged to the U.S. dollar. The stablecoin is backed by secure dollar deposits, U.S. treasuries and cash equivalents to keep it matched to a $1 value. PayPal USD can be bought, sold, sent, received and converted to other currencies through PayPal, and can also be used as a payment method when checking out in online stores using PayPal.
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