PayPal wants your feedback on its new stablecoin, and is offering generous incentives for completion of the brief PYUSD Survey, including entry into a $750,000 PYUSD prize draw

PayPal stablecoin

Designed for payments.

1 USD : 1 PYUSD on PayPal

Introducing the new cryptocurrency, PayPal USD (PYUSD).1 It’s a stablecoin backed by secure and highly liquid assets. As PYUSD rolls out, you’ll be able to buy, sell, hold, and transfer it in our app or on our site.

Stablecoin simplified

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Backed by reserves

PayPal USD is designed to maintain a stable $1 USD value. It’s backed by dollar deposits, US treasuries, and cash equivalents.

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Easy in, easy out

Buy, sell, hold, and transfer PayPal USD in our app or on our site.2 Send it to friends in the US on PayPal without fees. Or send to Ethereum wallet addresses that accept PYUSD in just a few steps. Network fees may apply.

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Checkout and more

Check out with crypto and we’ll sell your PayPal USD so you can pay for your items. Plus, you can use our convert feature to buy the other cryptos. Fees apply.2

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Here’s what you can do with PayPal USD

Buy and sell

Buy and sell PayPal USD in the app or on our site.

Convert

Use the convert feature to buy the other cryptos. Fees apply.2

Pay

Check out with crypto at millions of online stores. We’ll sell your PayPal USD so you can pay for your items.

Send and receive

Send PayPal USD to friends in the US on PayPal without fees. Plus, you can transfer to Ethereum wallet addresses that accept PYUSD in just a few steps.2