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PayPal USD pricePYUSD

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PayPal USD price calculator

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PYUSD
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1 PYUSD = 0.9996 USD
Last updated 2024-02-27 14:38:05(UTC-0)

PayPal USD price live data summary

The live price of PayPal USD is $0.9996 per (PYUSD / USD) today with a current market cap of $312.28M USD. The 24-hour trading volume is $28.41M USD. PYUSD to USD price is updated in real time. PayPal USD is +0.03% in the last 24 hours. It has a circulating supply of 312,417,600 .

What is the highest price of PYUSD?

PYUSD has an all-time high (ATH) of $1.06, recorded on 2023-08-29.

What is the lowest price of PYUSD?

PYUSD has an all-time low (ATL) of $0.09521, recorded on 2023-08-20.

PayPal USD price performance in USD

24h7d30d90d1yAll-time
+0.03%+0.06%+0.07%+0.06%----

PayPal USD price history in USD

TimeLowHigh
24h$0.9982$1
7d$0.9966$1
30d$0.9959$1
90d$0.9919$1
1y$0.09521$1.06
All-time$0.09521(2023-08-20, 191 days ago )$1.06(2023-08-29, 182 days ago )

PayPal USD market information

Market capCombinedShapeIcon
$312,282,548.59
+0.03%
Fully diluted market capCombinedShapeIcon
$312,282,548.59
+0.03%
Volume (24h)CombinedShapeIcon
$28,411,155.71
+286.50%
Market rankingsCombinedShapeIcon
Circulation rateCombinedShapeIcon
+99.00%
24h volume / market capCombinedShapeIcon
0.0909
Circulating supplyCombinedShapeIcon
312,417,600 PYUSD
Total supply / Max supplyCombinedShapeIcon
312,417,608.12 PYUSD
-- PYUSD
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PayPal USD ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

PayPal USD Social Data

In the last 24 hours, the social media sentiment score for PayPal USD was 3, and the social media sentiment towards PayPal USD price trend was Bullish. The overall PayPal USD social media score was 0, which ranks 912 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,564,152 times, with PayPal USD being mentioned with a frequency ratio of 0%, ranking 836 among all cryptocurrencies.

In the last 24 hours, there were a total of 0 unique users discussing PayPal USD, with a total of PayPal USD mentions of 24. However, compared to the previous 24-hour period, the number of unique users decrease by 0%, and the total number of mentions has increase by 33%.

On Twitter, there were a total of 0 tweets mentioning PayPal USD in the last 24 hours. Among them, 0% are bullish on PayPal USD, 0% are bearish on PayPal USD, and 100% are neutral on PayPal USD.

On Reddit, there were 0 posts mentioning PayPal USD in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning PayPal USD. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

All social overview

Average sentiment(24h)
3
Social score(24h)
0(#912)
Social contributors(24h)
0
0%
Social mentions(24h)
24(#836)
+33%
Social dominance(24h)
0%
Twitter
Tweets(24h)
0
0%
Twitter sentiment(24h)
Bullish
0%
Neutral
100%
Bearish
0%
Reddit
Reddit score(24h)
0
Reddit posts(24h)
0
0%
Reddit comments(24h)
0
0%

About PayPal USD(PYUSD)

What Is PayPal USD?

PayPal USD is a stablecoin introduced in August 2023 by the digital payment giant, PayPal, in collaboration with Paxos. Its value is pegged to a stable asset—in this case, the U.S. dollar. This pegging ensures that the value of PayPal USD remains consistent, even when other cryptocurrencies experience volatility. Fully backed by U.S. dollar deposits, short-term U.S. treasuries, and similar cash equivalents, PayPal USD offers a 1-to-1 exchange rate with the U.S. dollar. This means that for every PayPal USD token, there's an equivalent amount in U.S. dollars held in reserve, ensuring its stability and trustworthiness.

The introduction of PayPal USD into the market is significant, given PayPal's dominant position in the digital payments landscape. As the first stablecoin launched by a major U.S. financial company, PayPal USD is poised to bridge the gap between traditional finance and the world of cryptocurrencies.

Resources

Official Website: https://www.paypal.com/us/digital-wallet/manage-money/crypto/pyusd

How Does PayPal USD Work?

PayPal USD is designed to create a more seamless and frictionless environment for users to transact with digital currencies. One of its primary functions is to facilitate virtual payments, especially within blockchain ecosystems. Users can easily buy or sell PayPal USD through the PayPal platform, making it accessible to a vast investor familiar with the brand.

Beyond its basic function as a medium of exchange, PayPal USD offers several other features. Users can transfer the stablecoin to compatible crypto wallets, both within and outside the PayPal ecosystem. This includes popular wallets like Coinbase Wallet and MetaMask. Additionally, PayPal USD can be used to purchase goods, with automatic conversion to fiat currency at the point of sale. This feature is particularly beneficial for online merchants and shoppers, as it provides an alternative payment method that's both stable and efficient.

Furthermore, PayPal USD is set to be integrated into Venmo, allowing users to make payments using the stablecoin. This move is in line with PayPal's vision of creating a bridge between traditional fiat currencies and the decentralized world of Web3 and DeFi. Given that PayPal USD is an ERC-20 token, it's built on the Ethereum blockchain, making it compatible with a wide range of Web3 applications.

What Is PYUSD Token?

PYUSD is the token representation of PayPal USD. PYUSD doesn't have a max supply. As an ERC-20 token, PYUSD is issued on the Ethereum blockchain, ensuring its compatibility with various decentralized applications and platforms. This token can be transferred to and from Ethereum wallet addresses that support PYUSD, and its issuance is overseen by Paxos, a regulated blockchain infrastructure firm. The collaboration with Paxos ensures that PayPal USD adheres to regulatory standards, further enhancing its credibility in the market.

What Determines PayPal USD's Price?

The price of PayPal USD, like other cryptocurrencies, is influenced by a myriad of factors, with supply and demand at the forefront. As cryptocurrency adoption continues to surge, the demand for stablecoins like PayPal USD is expected to rise. Cryptocurrency analysis and cryptocurrency charts often highlight the impact of market dynamics on the price of tokens. Latest news, especially those related to cryptocurrency regulation and security concerns, can introduce market volatility, causing fluctuations in the token's price. For instance, if a significant regulatory announcement is made, it could sway cryptocurrency price predictions for many tokens, including PayPal USD.

Another determinant is the broader cryptocurrency trends. As the best crypto investment for 2023 and beyond is sought by investors, the latest developments in the blockchain and crypto space play a pivotal role. Cryptocurrency risks, such as security breaches or technological vulnerabilities, can also impact investor sentiment and, consequently, the price. For those wondering where to buy cryptocurrency, leading exchanges like Bitget offer a platform for purchasing tokens like PYUSD. As the landscape evolves, it's essential to stay updated with cryptocurrency analysis and be aware of the factors shaping the future PayPal USD.

How to buy PayPal USD (PYUSD)

Buying PayPal USD on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy PayPal USD (PYUSD) .

Trade PYUSD perpetual futures

After having successfully signed up on Bitget and purchased USDT or PYUSD tokens, you can start trading derivatives, including PYUSD futures and margin trading to increase your income.

The current price of PYUSD is $0.9996, with a 24h price change of +0.03%. Traders can profit by either going long or short onPYUSD futures.

Join PYUSD copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or PYUSD tokens, you can also start copy trading by following elite traders.

People are also inquiring about the price of PayPal USD.

What is the current price of PayPal USD?

We update our PayPal USD to USD price in real time. Get the live Price of PayPal USD on Bitget.

What is the 24 hour trading volume of PayPal USD?

Over the last 24 hours, the trading volume of PayPal USD is $28.41M.

What is the all-time high of PayPal USD?

The all-time high of PayPal USD is $1.06. This all-time high is highest price for PayPal USD since it was launched.

Can I buy PayPal USD on Bitget?

Yes, PayPal USD is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy PayPal USD guide.

Can I get a steady income from investing in PayPal USD?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy PayPal USD with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Cryptocurrency investments, including buying PayPal USD online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy PayPal USD, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your PayPal USD purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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