PYUSD is PayPal's US-dollar stablecoin, backed by a mix of dollar deposits, short-term Treasuries, and cash equivalents, and issued through Paxos Trust Company. It's redeemable 1:1 for dollars and built with payments — rather than DeFi trading — as the primary use case, leaning on PayPal's existing merchant and consumer network for distribution.
- Macro context: PYUSD is part of the tokenized money market, which represents only ~0.290% of global M2 money supply today.
Data as of Sep 3, 2026
Price performance
7D
-0.00%
14D
-0.02%
30D
-0.04%
1Y
-0.03%
All-time
+0.95%
Market Cap
$2.85B
24h Volume
$12.56M
Best On-Chain APY
6.11%
On-Chain Holders
171.26K
Summed across all deployed chains (per-chain wallets not de-duplicated)
Key facts
via /coins/{id}Market Cap Rank
#38
Circulating Supply
2.85B
Total Supply
2.85B
All-Time High
$1.02 · 2023-10-23
Categories
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