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.
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USD Coin
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
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.