What is the current price of PayPal USD?
The current price of PayPal USD is $0.9998 with a 0.01% change in the last 24 hours.
PayPal USD (PYUSD) is a U.S. dollar-pegged stablecoin built for payments, transfers, and Web3 integrations. It is designed to target a 1:1 value with the U.S. dollar and to be fully backed by reserve assets such as U.S. dollar deposits, short-term U.S. Treasuries, and cash equivalents.
PYUSD is issued by Paxos Trust Company and is associated with PayPal’s payments ecosystem.
Official resources:
PYUSD follows a reserve-backed issuance model:
New PYUSD is issued when eligible users deposit dollars through supported channels, and PYUSD is redeemed and removed from circulation when users cash out through supported redemption flows (subject to issuer and platform terms).
PYUSD exists as an on-chain token, enabling wallet interoperability and smart contract integration for supported networks. PYUSD launched as an ERC-20 token on Ethereum and has expanded to other networks based on issuer deployments.
You can monitor PYUSD activity on:
PYUSD is issued by a regulated trust company. Reserve management, custody, and reporting are designed to align with regulatory expectations for a fiat-backed stablecoin.
PYUSD is often differentiated by:
Common use cases include:
PYUSD security depends on:
Key considerations include:
PYUSD is a notable example of a fintech-native stablecoin: a regulated, reserve-backed digital dollar designed to connect traditional payments with on-chain settlement and Web3 applications.
Availability varies by jurisdiction and platform. Common routes include:
PYUSD may be available on select exchanges and broker platforms, depending on listings in your region.
If PYUSD is available on a supported network, it can also be traded in on-chain liquidity venues and used in DeFi apps (availability depends on network support and liquidity).
After acquiring PYUSD, it can be stored:
Track PayPal USD live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for PayPal USD on CoinRithm before using real money.
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Read the complete paper trading guideThe current price of PayPal USD is $0.9998 with a 0.01% change in the last 24 hours.
The daily trading volume is $605,713 representing a 3.44% change in the past 24 hours.
The market capitalization of PayPal USD is $2,746,502,319, ranking #33 globally.
The fully diluted valuation (FDV) of PayPal USD is $2,746,502,319, calculated using circulating supply because the maximum supply is unlimited.
Circulating: 2,747,105,822. Total: 2,747,105,822. Max: ∞.
In the last 24 hours, PayPal USD traded between a low of $0.9996 and a high of $1.00.

The Morpho vault holds $9.6 million of PayPal's stablecoin and lends against mWIN, a Luxembourg-issued token whose bond portfolio Wellington Management runs. Of the 8.31% headline yield, 7.61 percentage points come from a PYUSD reward stream.

PYUSD printed 863 new wallets in one day, its strongest daily network growth since April, while market cap remains 24% lower since late May — hinting that.

PayPal reported $486.4 billion in Q2 payment volume, created a dedicated crypto division and placed stablecoins among its growth priorities.

The unsolicited offer from Stripe and Advent International, if PayPal accepts, would consolidate two of the mainstream payments industry's stablecoin operations.

Paxos, the OCC-regulated issuer of PYUSD, said the stablecoin will now settle directly on Polygon rather than moving there as a bridged token.

PayPal USD (PYUSD) has become natively available on Polygon through the Polygon Open Money Stack, giving businesses direct access to the regulated stablecoin across payment, compliance and fiat conversion services. According to a press release shared with crypto.news, Paxos-issued PYUSD…