PayPal USD
Current price
$1.00
+0.02%24h
LiveUpdated 23s ago
TodayPayPal USD holds its $1 peg.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour0.00%
- 24 hours+0.02%
- 7 days+0.07%
- 30 days+0.09%
- 1 year+0.17%
PayPal USD's move in context
Built to stay at $1
PayPal USD is a stablecoin: its issuer aims to keep it worth one US dollar, so small moves like +0.02% are normal.
Beating the market today
+0.02% today against −3.27% for the market as a whole, a gap of 3.3 points. A gap this wide suggests something specific to PayPal USD may be moving it, not just the market mood.
Part of a climb
+0.1% over 7 days and +0.1% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About PayPal USD
PayPal USD (PYUSD): Bridging Fiat and Crypto
PayPal USD (PYUSD) is a stablecoin introduced by PayPal to bring traditional financial systems and digital currencies closer together. Built on the Ethereum blockchain and pegged to the US Dollar, PYUSD offers users the stability of fiat currency while benefiting from the flexibility and accessibility of blockchain technology. It is particularly useful for remittances, digital payments, and bridging the gap between centralized finance (CeFi) and decentralized finance (DeFi).
Core Characteristics of PYUSD
Stable Value: PYUSD is a 1:1 stablecoin, meaning each unit of PYUSD is backed by an equivalent dollar in reserve. This peg ensures that users can rely on its stable value for transactions.
Ethereum-Based Token: As an ERC-20 token, PYUSD is compatible with the Ethereum blockchain, allowing it to be used across various DeFi platforms and wallet applications.
Backed by PayPal’s Trust: As a reputable financial entity, PayPal ensures transparency and regulatory compliance, making PYUSD a trustworthy digital asset.
Benefits of Using PYUSD
Ease of Integration: PYUSD can be easily integrated into digital wallets and payment systems, enabling seamless digital payments and remittances globally.
Bridge between CeFi and DeFi: PYUSD offers a secure way for users to transition between traditional finance and decentralized applications, facilitating both online and offline transactions.
PayPal USD is poised to revolutionize digital payments by providing stability, trust, and interoperability across the financial ecosystem, positioning it as a pivotal tool in the convergence of fiat and crypto assets.
PayPal USD market
- Position by market cap among the coins we track.
- #56
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $1.02B
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $1.00High $1.00
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $1.03
- Now 97% of itReached 13 Apr 2024 · Needs +3% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 1.02B PYUSD
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
PayPal USD converter
1 PayPal USD = $1.00
