PayPal USD price today.
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How the value of PayPal USD evolves
PYUSD is a stable cryptocurrency created by PayPal, whose value is pegged to the US dollar, providing global uniformity in its purchasing power. Being backed by dollar-denominated assets, PYUSD maintains a direct correlation with the strength of the dollar. On platforms like PayPal's, PYUSD can be traded 24 hours a day, 7 days a week, setting its market price in relation to local currencies, and serving as a benchmark for its value in different economies. It facilitates all kinds of transactions and queries such as: PayPal in USD, PayPal USD to EUR, PayPal USD to Yen.
What is PayPal USD?
PYUSD is a stable cryptocurrency created by PayPal. Being pegged 1 to 1 with the American dollar, PYUSD offers stability and security in its value, standing out for being audited monthly by an independent company. Designed for smooth and secure digital transactions, PYUSD facilitates online trading and money transfers, offering a new way to manage and use funds in the digital environment. Its implementation on the PayPal platform allows users to carry out financial operations at any time.
3 reasons to choose PayPal USD
1
Audited
PYUSD, issued by Paxos Trust Company, LLC and managed by PayPal, undergoes monthly audits. Reports from Paxos and an independent accounting firm ensure transparency regarding the reserve assets, which are available on the Paxos PayPal USD Transparency page.
2
Easy to use
Buy, sell, hold, and transfer PYUSD easily through the PayPal app or website. Send PYUSD to friends in the U.S. without fees or to compatible Ethereum wallet addresses. Network fees may apply.
3
Buy
PayPal USD allows you to shop at millions of online stores or to purchase other cryptocurrencies.
