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PayPal USD (PYUSD) price
Data as of November 11, 2026, 02:11 UTC+3, the price refreshes on the page
PayPal USD (PYUSD) is a US dollar stablecoin for PayPal, issued by the regulated trust company Paxos.
- Market cap
- $2.75B
- 24h volume
- $37.5M
- Volume / market cap
- 1.36%
- Fully diluted value
- $2.75B
- Circulating supply
- 2.75 B PYUSD
- Total supply
- 2.75 B PYUSD
- Max supply
- no cap
- 24h range
- $0.9997 … $1.00
- All-time high
- $1.02October 23, 2023
Analytics
What the numbers say about how the coin behaves. Based on hourly prices over 7 days and data as of November 11, 2026, 02:11 UTC+3.
Volatility
1%near zeroThe price barely moves, as a stablecoin should.
Dollar peg
$1.00holdingNow 0.00% away from $1, at most 0.03% over 7 days.
Liquidity
1.4%normalA day’s trading equals 1.4% of market cap: a stablecoin is used for settlement, so heavy turnover is normal.
Market share
0.11%smallShare of the top-100 market cap.
What is PayPal USD
PayPal USD (PYUSD) is a stablecoin pegged to the US dollar. PayPal launched it in August 2023, but the tokens are issued by Paxos Trust Company, a US trust company, rather than by PayPal itself. Paxos operated under a New York State Department of Financial Services (NYDFS) trust charter until December 2025, when it converted to a national trust charter supervised by the federal Office of the Comptroller of the Currency (OCC).
Each PYUSD is backed by reserves held in US dollar deposits, short-term US Treasuries and similar cash equivalents. The reserves sit in segregated, bankruptcy-remote accounts, and Paxos publishes monthly attestation reports on them. New tokens are minted when customers deposit dollars and burned when they redeem one for one; businesses do this directly with Paxos. PYUSD started out as an ERC-20 token on Ethereum, added Solana in May 2024 and later expanded to Arbitrum, Polygon, Stellar and other networks.
The main difference from USDT and USDC is the link to PayPal and Venmo. US users of those apps can buy and sell PYUSD at one dollar, send it to each other, pay for purchases and move it to external wallets on the network of their choice. Outside PayPal, the stablecoin trades on crypto exchanges and is used in decentralized finance (DeFi). Paxos says PYUSD is aligned with the upcoming federal rules under the GENIUS Act, the US stablecoin law.
What it’s used for
- buying and holding dollars in PayPal and Venmo wallets
- person-to-person transfers and purchases
- trading on crypto exchanges and use in DeFi protocols
- moving dollars between PayPal and external wallets
Risks
- The peg depends on Paxos and the quality of its reserves: trouble at the issuer or at the banks holding the cash could push PYUSD off one dollar.
- The PYUSD smart contract has an asset protection role that lets Paxos freeze an address and wipe its tokens, for example at the request of authorities.
- Buying or selling at exactly one dollar is open to PayPal and Venmo users (initially only in the US) and to businesses via Paxos; everyone else relies on exchanges, where the rate can drift slightly from a dollar.
Contract addresses
Check the contract address before you buy or send: fake tokens copy the name and ticker, but their address is different.
| Network | Contract | Open |
|---|---|---|
| Ethereum (ERC-20) | 0x6c3ea9036406852006290770bedfcaba0e23a0e8 | Open |
| Solana (SPL) | 2b1kV6DkPAnxd5ixfnxCpjxmKwqjjaYmCZfHsFu24GXo | Open |
| Arbitrum One | 0x46850ad61c2b7d64d08c9c754f45254596696984 | Open |
| Polygon PoS | 0x99af3eea856556646c98c8b9b2548fe815240750 | Open |
More networks: 3
| Network | Contract | Open |
|---|---|---|
| Ink | 0x142cdc44890978b506e745bb3bd11607b7f7faef | |
| Stellar | CCCRWH6Q3FNP3I2I57BDLM5AFAT7O6OF6GKQOC6SSJNDAVRZ57SPHGU2 | |
| X Layer | 0x87b4a8176b3df6b71e26cc095edcaf4db07506b4 |
Check a PYUSD address before the deal
mexm AML shows where the coins came from: scams, darknet, mixers, sanctions. Networks: Ethereum (ERC-20). First check free.
Questions
How much is PayPal USD worth today?
As of November 11, 2026, PayPal USD trades at $1.00. Over 24 hours the price moved +0.03%, over 7 days +0.02%. The price on this page refreshes automatically.
How many PYUSD are in circulation?
2.75 B PYUSD are in circulation. There is no maximum supply. The fully diluted value of all coins is $2.75B.
Who issues PYUSD, PayPal or Paxos?
Paxos Trust Company issues the tokens and holds the reserves, while PayPal lends its brand and builds the stablecoin into the PayPal and Venmo apps. Paxos states plainly that PYUSD is issued by Paxos, not by PayPal or Venmo.
How is PYUSD different from USDT and USDC?
All three are dollar stablecoins, but they come from different issuers: PYUSD from Paxos for PayPal, USDT from Tether and USDC from Circle. What makes PYUSD distinctive is that you can buy, sell and send it directly inside the PayPal and Venmo apps.
How do I check a PYUSD address for AML risk?
Open @AMLmexmBot, pick the network (Ethereum (ERC-20)) and send a wallet address or a transaction hash. The bot shows the risk score in percent and where the funds came from. Your first check is free.
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Prices and analytics are for information only and are not investment advice. Market data source: CoinGecko.