Issuer Profile
PayPal
Global payments company issuing PayPal USD (PYUSD), a stablecoin fully backed by US dollar deposits, short-term Treasuries, and cash equivalents.
Assets Issued
1
Tokenized Value
$2.6B
Chains
2
Asset Classes
1
Custodians
1
Total Supply
2.6B
History
PayPal launched PYUSD in August 2023 in partnership with Paxos Trust Company, which acts as issuer and custodian of the reserves. PYUSD expanded to Solana in 2024.
Related entities
Paxos Trust CompanyXoom
Custodians used
Vault Ridge Custody
Chains
Ethereum
SolanaJurisdiction
United States