PayPal USD token
Overview
PayPal USD (PYUSD) is a stablecoin issued by PayPal Holdings, Inc. It is an ERC-20 token on the Ethereum blockchain and also available on Solana. PYUSD is designed for payments and transfers within the PayPal ecosystem and can be used on supported external platforms.
Within the DeFi Intel graph, PayPal USD connects to 27 tracked entities, most strongly to Ethereum, Solana, Arbitrum.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 6 of 27 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Solana | 95% |
deployed_on | Arbitrum | 95% |
issued_by | Paxos | 95% |
deployed_on | Berachain | 95% |
deployed_on | Plume Mainnet | 95% |
Frequently asked questions
What is PayPal USD?
PayPal USD (PYUSD) is a stablecoin pegged to the U.S. dollar, issued by PayPal. It is intended to facilitate digital payments and transactions within PayPal's network and compatible third-party platforms.
How is PYUSD backed?
PYUSD is fully backed by U.S. dollar deposits, U.S. Treasuries, and similar cash equivalents, held in custody with regulated financial institutions.
Does PYUSD run on multiple blockchains?
Yes. PYUSD was originally issued as an ERC-20 token on Ethereum and was later expanded to the Solana blockchain.
What is PayPal USD connected to?
In the DeFi Intel knowledge graph, PayPal USD is linked to 27 other tracked entities, most strongly to Ethereum, Solana, Arbitrum.
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