Dual sided network of merchants and consumers
Leverage the PayPal network of more than 400+ million active accounts and 35+ million merchants to drive utility across our brands. PayPal processes over 1.2 trillion dollars on an annual basis.
Fiat to Web3 connectivity
Simplify the entry to crypto native applications all while conducting seamless transactions. Onboard new users with PYUSD to Web3, DeFi and future digital experiences.
Payment innovation
PYUSD paves the way for payment innovation facilitating fast, cross-border money movement to friends & family, international payments, direct flows to developers and creators, and fostering continued expansion into digital assets.
How to access PayPal USD
Buy, sell, hold or transfer PayPal USD on PayPal. Use the convert feature for a fee to buy supported cryptos. You can also check out with PayPal using crypto on millions of online sites and PayPal will sell your PYUSD to pay for your items.*
PayPal USD is also available on Venmo! This means that PYUSD is available for purchase and sale on Venmo and can be sent to compatible external wallets and friends and family on Venmo and PayPal, and vice versa.
Built for developers
Create the next innovative app powered by PYUSD and help build the future of finance.
Blockchain availability
PayPal USD is available on Ethereum and Solana
Etherscan | Solscan | GitHub
Learn how to get started with PYUSD on Solana.
Testnet Faucet
Built for developers. No fees, permissionless, easy to use. Available for all Paxos-issued stablecoins.
High standards of consumer protection
Paxos-issued stablecoin PYUSD – and its reserves – are subject to strict regulatory oversight by the New York State Department of Financial Services.
1:1 redemption, readily available
Reserves are held 100% in US dollar deposits, US treasuries and cash equivalents – meaning that customer funds are available for 1:1 redemption with Paxos.
The Paxos-issued reserve reports and attestations for PayPal USD published monthly.
Customer assets protected from bankruptcy, fully segregated
Under New York banking law, in the event of Paxos Trust insolvency, customer assets may not be used to satisfy the debts of Paxos because client assets are held bankruptcy remote.
Financial inclusion
Before stablecoins, access to the US dollar was restrictive and costly (or unavailable). But now you can access fully-backed stablecoins with a mobile device and internet connection.
Efficient money movement
Compared to traditional wire transfers, stablecoin transfers (including cross-border and global transfers) are quick, cost-effective and can happen 24/7.
Programmable money
Stablecoins are a trusted currency for developers and can be integrated on different blockchains, adding liquidity and creating bridges between traditional fiat and Web3.
FAQ
Review frequently asked questions about PayPal USD.
Contact Us
Interested in Paxos stablecoin or payments solutions? Contact us to speak to a member of our team.
If you are an existing customer and need help, head to our support center.
* PayPal Balance or Venmo accounts required.
When you buy or sell cryptocurrency on PayPal or Venmo (including when you checkout with crypto on PayPal), Paypal or Venmo will disclose an exchange rate and any fees you will be charged for that transaction. For currencies other than PYUSD, the exchange rate includes a spread that is earned on each purchase and sale. Learn more about cryptocurrency fees on PayPal and Venmo.
Buying and selling cryptocurrency is subject to a number of risks and may result in significant losses. Please see PayPal’s disclosure and Venmo’s disclosure for more details.
PayPal and Venmo do not make any recommendations regarding buying and or selling cryptocurrency. Consider seeking advice from your financial and tax advisor. Some custody, trading, and transfer services for cryptocurrency are performed for PayPal and Venmo by our licensed service provider, Paxos Trust Company, LLC. PayPal USD is issued by Paxos, not PayPal or Venmo, and is subject to the Paxos US Dollar-Backed Stablecoin Terms and Conditions.
Any cryptocurrencies you hold in your PayPal Balance or Venmo account are not eligible for FDIC insurance.
Cryptocurrency activity is not a regulated activity in many U.S. states and territories. PayPal, Inc. is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Buying, selling, transferring, and holding cryptocurrency with PayPal and Venmo is not available in Hawaii and where prohibited by law.
All cryptocurrency prices shown are for illustrative purposes only.