PYUSD
Live
Asset
Stablecoin
About PYUSD
PayPal USD (PYUSD) is PayPal's US-dollar stablecoin, issued by Paxos Trust Company (regulated by the New York State Department of Financial Services) and fully backed 1:1 by USD deposits, US Treasuries and cash equivalents. Live on Stellar since September 18, 2025 (stellar.org press: 'PayPal USD is Now Available on Stellar'), extending PYUSD beyond Ethereum and Solana into Stellar wallets and platforms including LOBSTR, Bitcoin.com, Chipper Cash, Decaf, Arculus, Meru, CiNKO and COCA — for everyday payments and real-time SMB working capital ('PayFi') on Stellar rails.
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