PayPal USD

PayPal USD

PYUSD #35
A 83% Stablecoin Watch

Project Safety Score: 83%

Updated 3 minutes ago
PayPal USDPYUSD
Market Cap$2771957166
24hr Volume$66184319
24hr Change0.0%
Price$0.9997722350978632
Coverage: 1 bucket · 100% resolved
Scoring rubric: Stablecoin - scored on peg stability (placeholder)
Peg Stability
83 A
100% · medium

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PYUSD PayPal USD Details
Type
Stablecoin
Launched
2023
HQ
San Jose, California, USA
Team
Anonymous
StablecoinsUSD StablecoinSolana EcosystemArbitrum EcosystemEthereum EcosystemStarknet EcosystemStellar EcosystemFiat-backed Stablecoin

PayPal USD is a stablecoin that aims to enhance payment opportunities within the cryptocurrency space. It is fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and other cash equivalents.

This stablecoin is issued by Paxos Trust Company and is redeemable on a 1:1 basis for U.S. dollars, ensuring stability in its value. Its architecture is designed to facilitate secure and efficient transactions.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Peg stability score 84 out of 100. The asset maintains a strong peg with a current price of $1.00, indicating effective management in keeping its value stable. This consistency is essential for its role as a stablecoin, providing confidence to users. The market capitalization stands at approximately $3.43 billion, situating it within a solid market cap tier. Overall, the peg stability reflects well on the project's reliability as a stablecoin.

In terms of social presence, the asset is verified on Twitter, offering a channel for communication and updates. However, audience data for this account is limited. Engaging with the community through this platform can enhance transparency and potentially drive user adoption.

While the project's safety score is relatively high, it's essential to keep in mind that inherent risks remain within the cryptocurrency space. Market fluctuations, regulatory changes, and technological vulnerabilities can impact even well-rated assets, including PayPal USD. Hence, ongoing diligence and research are recommended for potential users and investors.

View whitepaper ↗ (2023)
Quality: high
Max supply: null
Next unlock: null
  • SEC 2025-04-30
    Investigation closed without enforcement
  • minting error 2025-10-15
    Paxos mistakenly minted 300 trillion PYUSD tokens, which were burned 22 minutes later without market impact.
  • Fully backed by U.S. dollar deposits and cash equivalents
  • Redeemable 1:1 for U.S. dollars
  • Issued by regulated entity, Paxos Trust Company
  • High market capitalization and liquidity
  • Active utilization with 100% of supply in circulation
  • Team is anonymous
  • Project has a history of hacks or exploits
  • No hard cap on total token supply

Price Chart - PayPal USD

Contract Security

ethereum · 0x6c3ea9036406852006290770bedfcaba0e23a0e8
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Total Holders
86477
Top 10 Hold
87.3%
Top 50: 98.4%
Top Holders
  • 0xafbb1a7e9ddef38d9… 27.37%
  • 0x2fb074fa59c9294c7… 19.21%
  • 0x1601843c5e9bc251a… 14.39%
  • 0xe7f0fdd40472775a6… 5.66%
  • 0x85008fbb1dfccdcb9… 5.29%
  • 0x779224df1c756b4ed… 4.98%
  • 0xec8431fcae78a739e… 4.10%
  • 0xea7d82ce184571773… 2.65%
  • 0xbbbbbbbbbb9cc5e90… 2.03%
  • 0xa632d59b9b804a956… 1.60%
Source: ethplorer
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71%
Profile Status
Data completeness
Some data missing
Medium confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$1.08
All-Time Low$0.9594
Circulating2772391172
Total Supply2772391172

Community Sentiment

👍 25% 75% 👎

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