CONTEXT & PERSPECTIVE
Overview
Overview
PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal USD is redeemable 1:1 for U.S. dollars and is issued by Paxos Trust Company.
This overview is imported from market-data provider metadata. Project claims should be checked against the linked documentation and on-chain evidence.
Identity
- Name: PayPal USD
- Symbol: PYUSD
- Provider-listed chain: ethereum
Names and ticker symbols are not unique. Match the network and contract address against the project's documentation and a block explorer before identifying a token.
Sources and further reading
- Project website (provider-listed)
- White paper (provider-listed)
- Block explorer 1
- Block explorer 2
- Block explorer 3
- CoinGecko identity and metadata
- CoinMarketCap source record (JSON, asset ID 27772)
A provider listing establishes how the asset is catalogued; it does not independently verify project claims or endorse the asset.