PayPal USDPYUSD
Convert PYUSD to your currency
Last Updated on Sep 27, 2025 09:17 PM
What is PayPal USD?
About the coin
PayPal USD is a stablecoin designed to leverage the opportunities that stablecoins offer for payments. It is fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and similar cash equivalents. This ensures that the value of PayPal USD remains stable and is pegged to the U.S. dollar.
Main features
One of the main features of PayPal USD is its redeemability. It can be redeemed 1:1 for U.S. dollars, providing users with a reliable and stable digital currency option. The issuance of PayPal USD is managed by Paxos Trust Company, which is known for its expertise in digital asset management and regulatory compliance.
How it works
PayPal USD operates on the Ethereum network, leveraging blockchain technology to facilitate secure and efficient transactions. Users can manage their PayPal USD through PayPal's digital wallet, allowing for seamless integration with PayPal's existing payment infrastructure. This integration aims to enhance the utility of stablecoins in everyday transactions, making digital payments more accessible and convenient.
Wallet for PayPal USD
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for PayPal USD
- Ethereum
- Solana
- Arbitrum One
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PayPal USD FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
How to secure PayPal USD with Tangem Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get Tangem
Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why choose PayPal USD wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Online Support. Fast support for your needs. Live chat and email support for customers from all over the globe.
Other crypto assets supported in Tangem Wallet.
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