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PayPal USD

PayPal USD

web3VerifiedUnited States

PayPal USD (PYUSD) is a stablecoin designed to facilitate payments within the digital economy....

Stage
Series C+
Funding
Undisclosed
Team
0
0.0Mission ScoreFixed 0-100 scale

About

PayPal USD (PYUSD) is a stablecoin designed to facilitate payments within the digital economy. It is fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and similar cash equivalents, making it a stablecoin pegged 1:1 with the USD. PYUSD is issued by Paxos Trust Company and aims to serve as a bridge for transactions between traditional finance and digital currencies, enabling seamless transfers, purchases, and conversions within the PayPal ecosystem

Expert Insight
Verified Series C+ project.

Expert Coverage

No published expert evaluations are available for this project yet.

StablecoinFinanceWeb2Infrastructure
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