- #160
PayPal USD PYUSD
PYUSD Price
Market Cap
$530.49 MRank #160FDV
$530.49 MRank #236Investors
X Followers
Detailed Performance
PYUSD shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
PYUSD to USD Converter
Price History
- All-Time High
- $3.283.28x to ATH
- All-Time Low
- ---- to ATL
- Trade Launch Date
- 16 Aug, 2023
493 days ago
Exchanges
Exchanges type
About PYUSD
PayPal USD is a stablecoin offered by PayPal. It is a digital currency that is fully backed by US dollar deposits, US treasuries, and similar cash equivalents. Each PayPal USD token represents one US dollar, and you can buy and sell 1 PYUSD for 1 USD on PayPal. It is designed to provide stability and convenience for users who want to engage in transactions using a digital representation of the US dollar. Please note that PayPal USD is not available in all states and regions, and its issuance and custody are handled by Paxos Trust Company, LLC.
What makes PayPal USD unique?
PayPal USD is unique compared to other cryptocurrencies because it is a stablecoin that is fully backed by US dollar deposits, US treasuries, and similar cash equivalents. This means that the value of PayPal USD is directly tied to the US dollar, making it less volatile than other cryptocurrencies. Additionally, PayPal USD can be bought, sold, held, and transferred within the PayPal app or website, providing users with a convenient and familiar platform for managing their transactions. However, it is important to note that buying and selling cryptocurrencies, including PayPal USD, carries risks and may result in significant losses.
Live PayPal USD Price Data
The current price of PayPal USD (PYUSD) is approximately $0.9998, reflecting a decrease of -0.24% in the last 24 hours. The PYUSD trading volume in the last 24 hours stands at $37.23 million. PayPal USD's market cap is currently $530.49 million, accounting for about 0.02% of the total crypto market cap. The circulating supply of PYUSD is 530.60 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand PayPal USD's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on PYUSD, check out our crypto insights page.
Official Links
PYUSD to USD Converter
Price History
- All-Time High
- $3.283.28x to ATH
- All-Time Low
- ---- to ATL
- Trade Launch Date
- 16 Aug, 2023
493 days ago