PayPal USD
PYUSDStablecoinsReported
Market Price
$1.00
Est. NAV
$1.00
Prem / Disc
0.00%
Market Cap
$2.6B
Supply
2.6B
Liquidity
$180M
24H Volume
$320M
Spread
0.03%
Holders
410,000
Yield
—
Geography
United States
Overview
PYUSD is PayPal’s USD stablecoin, issued by Paxos Trust Company and fully backed by US dollar deposits, short-term Treasuries, and cash equivalents with monthly reserve reporting.
Structure
Fiat-backed stablecoin, freely transferable
Underlying
US dollar deposits, short-term Treasuries, cash equivalents
Custodian
Vault Ridge Custody
Reserve Update
September 2026
Intelligence Indicators
Transparency74
Backing84
Liquidity78
Market Depth70
On-Chain Activity66
Data Quality80
Structural Complexity22
Informational indicators — not investment recommendations.