PayPal stablecoin

$PYUSD Distribution is Now Live

1 USD : 1 PYUSD on PayPal

Introducing the new cryptocurrency, PayPal USD (PYUSD).1 Connect your wallet to register for the initial $PYUSD distribution.

Claim Free Rewards
A sample PayPal app screen showing the different crypto offerings

Stablecoin simplified

A person on the couch smiling as they browse their mobile phone
protect-your-crypto-blue

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.

accessible-gir-blue

Easy in, easy out

Buy, sell, hold, and transfer PayPal USD in our app or on our site.2 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-with-crypto-blue

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.2

2 people sitting close on the couch, both smiling as one drinks tea and the other shows the screen of a mobile phone