![PayPal homepage promoting PYUSD with blue and white background. The text 'Designed for payments' highlights PYUSD as a stablecoin backed by secure assets. Includes 'Get Started' button and information on buying, selling, and transferring PYUSD.](https://defishills.com/wp-content/uploads/2024/07/pyusd-768x363.jpg)
PayPal USD
PayPal USD (PYUSD) is a stablecoin by PayPal, backed 1:1 by U.S. dollar deposits and equivalents. It is an ERC-20 token on Ethereum and Solana, used for payments and transfers within PayPal.
PayPal USD (PYUSD) is a stablecoin by PayPal, backed 1:1 by U.S. dollar deposits and equivalents. It is an ERC-20 token on Ethereum and Solana, used for payments and transfers within PayPal.
USD Coin (USDC) is a stablecoin issued by Circle, pegged 1:1 to the US dollar. It is used for digital payments and global transfers, with over $33.6 billion in circulation.
Tether (USDT) is the largest stablecoin, pegged 1:1 to the US dollar. It has a market cap over $100 billion, backed by 90% cash and equivalents. Issued on multiple blockchains like Ethereum and Tron.