All in the

PayPal app

It’s your do-it-all digital wallet. Load up on offers before you shop. Track your packages. And manage it all on the go.

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A digital dollar stablecoin you can count on

Backed by the US dollar

PYUSD is fully backed by US dollar reserves and cash equivalents.

Maximize your money

Hold PYUSD to earn 4% in annual rewards. Buy USD-PYUSD 1:1 for zero fees on PayPal.

Built for global use, your way

Send PYUSD worldwide with 24/7 access and zero fees on PayPal. Plus, transfer to crypto wallets on low-cost networks like Solana.

A fast and low-cost wayto move money globally

Send money worldwide

Soon, you’ll buy, send, and get paid across 70 markets right on PayPal. Plus, transfer on Ethereum, Solana and more to anyone, almost anywhere.

Fee-free to send on PayPal

Buy PYUSD 1:1 for USD with zero fees and send for zero fees globally on PayPal.

Receive it in seconds

Put your money to use right away on PayPal instead of waiting for days. Cash out to local currencies, with more markets being added over time.

Earn 4% rewards

It’s one more smart way to maximize your money on PayPal. Opt in, buy, and hold PYUSD to start earning rewards in the PayPal app. You’ll get paid out monthly in PYUSD.

Driving the future of money

Consumers

From moving money, to holding value, our crypto-enabled solutions allow you to easily send, receive, and spend across the globe.

Businesses

Businesses can use PYUSD on PayPal to accept payments and cross-border transactions. US merchants can accept PYUSD wherever PayPal checkout is available.

Open system

PYUSD can be transferred on and off PayPal to Venmo, other crypto wallets, exchanges, and multiple blockchains for fast access to funds, enabling payments and everyday use.

Frequently asked questions

PayPal USD (PYUSD) Stablecoin

Simple. Stable.Global.

Earn 4% rewards on PayPal

PayPal USD (PYUSD)1 is a stablecoin that is redeemable 1:1 for US dollars. Buy, transfer, and convert3 globally with ease. Plus, get 4% rewards when you hold PYUSD in the PayPal app.2

Get Started
²Annual reward rate as of today. Rewards rate is subject to change. Terms apply.
Looking to partner with us to expand usage of PYUSD? Send us an email at: pyusd@paypal.com.
PayPal Pte. Ltd. is licensed by the Monetary Authority of Singapore as a Major Payment Institution under the Payment Services Act 2019.
1
Issuance of and custody of PayPal USD is performed by Paxos Trust Company, LLC. Learn more in PayPal's Cryptocurrency Terms, and in the Paxos Terms that also apply to PYUSD.
2
Annual rewards rate as of today. Rewards rate is subject to change. Terms Apply.
PYUSD IS NOT LEGAL TENDER. PAYPAL IS A FINANCIAL TECHNOLOGY COMPANY, NOT A BANK. YOUR CRYPTOCURRENCIES HUB IS NOT A DEPOSIT ACCOUNT AND YOUR PYUSD ARE NOT DEPOSITS. PAYPAL DOES NOT INTEND FOR PYUSD REWARDS TO CONSTITUTE A SECURITIES OFFERING AND PARTICIPATION IN THE LOYALTY PROGRAM IS NOT AN INVESTMENT IN A SECURITIES OFFERING.
3
PayPal Account required to access cryptocurrency. When you buy or sell cryptocurrency, including when you check out with crypto, we will disclose an exchange rate and any fees you will be charged for that transaction. For currencies other than USD, the exchange rate includes a spread that PayPal earns on each purchase and sale. Learn more about cryptocurrency fees.
Buying and selling cryptocurrency is subject to a number of risks and may result in significant losses. See the Risk Warning on Digital Payment Token Services for more details. PayPal does not make any recommendations regarding buying or selling cryptocurrency. Consider seeking advice from your financial and tax advisor. Custody, trading and transfer services for cryptocurrencies are performed for us by our licensed service provider, Paxos Trust Company, LLC or other appropriately licensed or otherwise authorized service provider.
Buying, selling, transferring, and holding cryptocurrencies is not regulated in many regions.
All cryptocurrency prices shown are for illustrative purposes only.