PayPal USD

PayPal USD

PYUSD #33
BB 64% Token Watch

Project Safety Score: 64%

Updated 8 minutes ago
PayPal USDPYUSD
Market Cap$3462149965
24hr Volume$137828323
24hr Change0.0%
Price$0.999465
Coverage: 5 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social
Liquidity
& Market
95 AAA
67% · medium
Team
Credibility
57 B
60% · medium
Social
Behavioral
40 C
75% · medium
Contract
Mechanics
97 AAA
100% · medium
Holder
Distribution
30 D
100% · medium

Community Rating

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🤷 Mid
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PYUSD PayPal USD Details
Type
Stablecoin
Launched
2023
HQ
San Jose, California, USA
Team
Anonymous

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
  • No hard cap on total token supply
  • A single wallet holds over 10% of supply
  • Top 10 wallets hold more than 50% of supply
  • Project has a history of hacks or exploits
Contract is upgradable via proxy
Risk: The team can change the contract logic after deployment
Benefit: The team can fix bugs, patch vulnerabilities, and ship upgrades

Price Chart

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
82133
Top 10 Hold
87.8%
Top 50: 98.5%
Top Holders
  • 0x1601843c5e9bc251a… 26.58%
  • 0x2fb074fa59c9294c7… 13.74%
  • 0xe7f0fdd40472775a6… 13.74%
  • 0xafbb1a7e9ddef38d9… 11.78%
  • 0x6cd57b9a87c96421c… 11.73%
  • 0x779224df1c756b4ed… 3.46%
  • 0xea7d82ce184571773… 1.89%
  • 0xbbbbbbbbbb9cc5e90… 1.84%
  • 0xa632d59b9b804a956… 1.54%
  • 0x5cd45451d92d77116… 1.53%
Source: ethplorer
Discussion
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28%
Profile Status
Data completeness
Some data missing
High confidence

Market Stats

All-Time High$1.08
All-Time Low$0.9594
Circulating3463591228
Total Supply3463591228

Recent News

Fintech : PayPal Brings PayPal USD to Users Across 70 Markets Worldwide and Expands Access in Africa

general 2 sources 5 days, 6 hours ago

PayPal Enables PayPal USD in Africa, Asia, Others

general 1 source 5 days, 21 hours ago

PayPal USD Price, PYUSD to USD, Research, News & Fundraising

general 1 source 1 week, 6 days ago

PayPal Brings PYUSD to 70 Countries for Cheaper Transfers

general 1 source 3 weeks, 3 days ago

PayPal Announces That Crypto Will Be Part Of Its Core Segments After Strategic Reorganization

general 1 source 3 weeks, 4 days ago

PayPal USD Price Today in United States | PYUSD to USD Live Price & Chart

general 2 sources 3 weeks, 4 days ago

PYUSD Extends Its Lead Over RLUSD as PayPal’s Stablecoin Tops $4 Billion

general 1 source 1 month, 1 week ago

PayPal USD Expansion Signals Stablecoins Entering Mainstream Payment Systems

general 1 source 2 months, 1 week ago

Press Release: PayPal Brings PayPal USD to Users Across 70 Markets

general 1 source 2 months, 1 week ago

Will PayPal’s (PYPL) Global PYUSD Stablecoin Push Recast Its Role in Digital Commerce?

general 1 source 2 months, 1 week ago