About PayPal USD

PayPal USD (PYUSD) is a stablecoin backed by secure and highly liquid assets, designed for payments. As PYUSD rolls out, you’ll be able to buy, sell, hold, and transfer it in the PayPal app or website.

  • 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. Send it to friends in the US on PayPal without fees. Or send to Ethereum 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.

Here's what you can do with PayPal USD

  • Buy and sell: Buy and sell PYUSD on the PayPal app or website.
  • Convert: Use the convert feature to buy other supported crypto.
  • Pay: Check out with crypto at millions of online stores. PayPal will sell the user’s PYUSD so they can pay for their items.
  • Send and receive: Send PYUSD to friends in the US on PayPal without fees. Users can also transfer to Ethereum wallet addresses that accept PYUSD.

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