PayPal USD
PayPal USD Description
PayPal USD (PYUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. PayPal USD has a current supply of 2,747,255,947.095943. The last known price of PayPal USD is 0.99966414 USD and is down -0.01 over the last 24 hours. It is currently trading on 133 active market(s) with $186,119,718.12 traded over the last 24 hours. More information can be found at https://www.paypal.com/pyusd.
Latest PayPal USD News
Paxos Accidentally Mints $300 Trillion ‘Excess' PayPal Stablecoin
Paxos, the issuer of PayPal's PYUSD stablecoin, said Wednesday (Oct. 15) that it accidentally minted “excess PYUSD” and then removed the excess from circulation. CNBC reported Thursday (Oct.
Source name: pymnts.com
5 days, 9 hours, 16 minutes ago
The Daily: Ripple CEO says US won't return to hostile Gensler era crypto climate, Paxos mistakenly mints 300 trillion PayPal USD on Ethereum, and more
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Source name: theblock.co
5 days, 9 hours, 30 minutes ago
The day $300 trillion appeared and then vanished on Ethereum
For a few surreal moments on Oct. 15, the Ethereum blockchain seemed to host the financial equivalent of a dream. Paxos, the issuer behind PayPal's stablecoin PYUSD, accidentally minted $300 trillion worth of tokens, which is roughly 300 times the global GDP, before burning them just as fast.
Source name: cryptoslate.com
5 days, 12 hours, 5 minutes ago
Paxos Accidentally Minted $300T of PayPal's Stablecoin
Stablecoin issuer Paxos accidentally minted $300 trillion worth of PayPal's PYUSD stablecoin, far exceeding the total U.S. dollar supply. Paxos emphasized that it was not a security breach but the incident raised concerns about how an enormous amount of stablecoin could be created without requisite collateral.
Source name: youtube.com
5 days, 12 hours, 52 minutes ago
Paxos Quickly Resolves PYUSD Minting Error Safely
The incident occurred at 3:12 PM EST and was immediately detected by Paxos' monitoring systems. The excess PYUSD was promptly burned.
Source name: altcoinbuzz.io
5 days, 15 hours, 20 minutes ago
Paxos mistakenly issues $300 trillion in PayPal's PYUSD
Paxos mistakenly minted $300 trillion worth of PayPal USD (PYUSD) stablecoins on Ethereum before burning them within minutes.
Source name: cryptopolitan.com
5 days, 17 hours, 49 minutes ago
Paxos Accidentally Mints Then Burns 300 Trillion PYUSD
Paxos' accidental minting and burning of 300 trillion PYUSD tokens stunned the crypto community but also highlighted one of blockchain's greatest strengths.
Source name: coinpaper.com
5 days, 18 hours, 20 minutes ago
Paxos Accidentally Minted $300 Trillion of PayPal's Stablecoin — Then Burned It
Paxos mistakenly minted $300 trillion of PayPal's PYUSD stablecoin before quickly burning the excess, marking one of the largest on-chain errors recorded.
Source name: cryptonews.com
5 days, 23 hours, 21 minutes ago
Paxos mistakenly mints $300 trillion PYUSD on Ethereum, citing tech error
The company said it has since burned the excess tokens, and that the root cause of the incident has been addressed.
Source name: theblock.co
6 days, 5 minutes ago
Paxos' $300 Trillion PYUSD Minting Error Sparks Stablecoin Trust Concerns
Paxos, the issuer behind PayPals PYUSD stablecoin, accidentally minted an astonishing $300 trillion in PYUSD tokensfar surpassing the total global money supply. The firm swiftly corrected the blunder, burning the excess tokens and minting a far smaller $300 million shortly afterward.
Source name: tokenpost.com
6 days, 2 hours, 54 minutes ago
Paxos Accidentally Mints $300 Trillion in PYUSD Stablecoins
Paxos accidentally minted $300 trillion in PYUSD today, prompting community incredulity. The firm quickly burned these tokens and minted $300 million, claiming user error.
Source name: beincrypto.com
6 days, 4 hours, 16 minutes ago
Aave freezes PYUSD markets after unprecedented 300T mint and burn
Crypto users were left scrambling on Wednesday after Paxos minted 300 trillion of PayPal's PYUSD stablecoin, then sent it all to a burn address.
Source name: cointelegraph.com
6 days, 6 hours, 22 minutes ago
Paxos Mints $300 Trillion in PYUSD on the Ethereum Blockchain
The crypto community witnessed an unexpected event when Paxos minted $300 trillion in PYUSD stablecoins on Ethereum. The minting occurred on Wednesday afternoon and briefly made PYUSD the world's largest stablecoin by supply.
Source name: coincu.com
6 days, 6 hours, 22 minutes ago
Stablecoin Boom: $6.1B Added This Week as USDT, USDC, and USDe Dominate the $302B Market
While the stablecoin market has blown past the $300 billion milestone, it didn't stop there. Over the past week alone, the sector puffed up by another $6.155 billion. From Tether to PYUSD: Stablecoin Giants Drive a $302B Liquidity Wave Between Sept. 28 and Oct.
Source name: news.bitcoin.com
16 days, 8 hours, 21 minutes ago
PYUSD Stablecoin Market Cap Crosses $1.8B, PayPal USD Now Ranks 53
PYUSD market cap has surpassed the milestone of $1.8 billion. PayPay USD stablecoin now ranks 53rd across the list of global cryptocurrencies.
Source name: thenewscrypto.com
25 days, 18 hours, 16 minutes ago
PayPal Partners With DeFi Firm Spark to Boost PYUSD Stablecoin Liquidity
Decentralized finance firm Spark onboarded PayPal's stablecoin, PYUSD, and plans to grow it. PYUSD deposits on Spark's decentralized, non-custodial liquidity market for lenders and borrowers, SparkLend, surpassed $200 million, and Spark plans to increase that to $1 billion within weeks, Spark said in a Thursday (Sept.
Source name: pymnts.com
26 days, 6 hours, 16 minutes ago
PayPal and Spark partner to supercharge PYUSD with $1B liquidity
Payments giant PayPal has partnered with decentralised finance (DeFi) platform Spark to inject $1 billion in liquidity into PYUSD, its dollar-backed stablecoin. The partnership signals PayPal's determination to make PYUSD a contender in the fast-growing stablecoin market, long dominated by Tether's USDT and Circle's USDC.
Source name: invezz.com
26 days, 10 hours, 16 minutes ago
PayPal and Spark target $1B liquidity boost for PYUSD
The plan is to scale PayPal USD with Spark's liquidity framework, building sustainable stablecoin markets
Source name: blockworks.co
26 days, 10 hours, 36 minutes ago
Spark integrates PayPal USD into its stablecoin lending markets
PayPal has teamed up with Spark to boost PYUSD liquidity, with deposits already topping $135 million on the decentralized finance (DeFi) lending protocol.
Source name: cointelegraph.com
26 days, 11 hours, 7 minutes ago
PayPal and Spark Forge $1B Liquidity Reserve Deal to Boost Stablecoin Access
PayPal and Spark have announced a partnership to expand PYUSD liquidity. Spark says SparkLend deposits have surpassed $100 million; the Liquidity Layer and reserves have supported depth, and it has deployed $630 million in BTC-backed loans to Coinbase, as PYUSD has gone live on Stellar.
Source name: cryptonews.com
26 days, 11 hours, 21 minutes ago
PayPal Taps Spark to Boost PYUSD Liquidity by $1B Through DeFi Lending
PayPal and decentralized finance platform Spark have teamed up to grow liquidity for PayPal USD (PYUSD) onchain, aiming to scale deposits from $100 million today to $1 billion in the weeks ahead.
Source name: coindesk.com
26 days, 13 hours, 20 minutes ago
Paypal Backs Stable, Enhances Future Adoption of PYUSD
With the undisclosed investment, Paypal has secured the inclusion of PYUSD, its in-house stablecoin, in Stable's stablechain, which is designed with this type of asset in mind. Paypal aims to increase the adoption of the asset, targeting commerce use cases first.
Source name: news.bitcoin.com
28 days, 19 hours, 57 minutes ago
Stable to Integrate PayPal's Stablecoin to Facilitate Cross-Border Transactions
Layer 1 blockchain network Stable said Monday (Sept. 22) that PayPal Ventures invested in its latest funding round and that Stable will enable users to utilize PayPal's stablecoin, PayPal USD (PYUSD), on its blockchain.
Source name: pymnts.com
29 days, 3 hours, 5 minutes ago
PayPal Ventures Expands Into Stablecoins With PYUSD
PayPal Ventures joins Stable to launch PYUSD on Stablechain, enabling instant, low-fee stablecoin payments and exploring future payment innovations.
Source name: coinpaper.com
29 days, 11 hours, 6 minutes ago
PayPal Ventures Invests in Stable to Expand PYUSD Reach
PayPal Ventures has invested in Stable to bring PayPal USD (PYUSD) to Stablechain, aiming to expand its distribution and make global payments faster and cheaper, according to a blog post Monday.
Source name: coindesk.com
29 days, 12 hours, 7 minutes ago
Payment Giant PayPal Invests In L1 Stable To Expand PYUSD's Utility
PayPal has invested in Stable, a stablecoin-focused blockchain. The move is the latest step by the payment settlement company in further exploring the digital asset space.
Source name: coingape.com
29 days, 12 hours, 21 minutes ago
Bitfinex-backed Stable integrates PayPal's PYUSD stablecoin
Stable, a Bitfinex-backed blockchain linked to Tether, announced PayPal Ventures' support to bring the PayPal USD stablecoin onto its network.
Source name: cointelegraph.com
29 days, 12 hours, 55 minutes ago
PayPal backs Stable to expand PYUSD
Layer 1 chain Stable adds PayPal USD support as PayPal Ventures invests to grow stablecoin's cross-chain utility
Source name: blockworks.co
29 days, 13 hours, 5 minutes ago
Stable Integrates PayPal's PYUSD Amid New Funding Round
Stable Chain integrates PYUSD for transactions; PayPal Ventures invests.
Source name: coincu.com
29 days, 13 hours, 19 minutes ago
Aptos Becomes Launch Partner for PYUSD Stablecoin
This partnership, enabled through LayerZero and Stargate, integrates PYUSD onto Aptos' high-speed, low-cost blockchain infrastructure. With Aptos already handling over $70 billion in monthly stablecoin volume, the collaboration aims to expand PYUSD's use in everyday payments and bring real-world applications closer to mainstream adoption.
Source name: altcoinbuzz.io
29 days, 16 hours, 56 minutes ago
Better Stablecoin Buy: Ripple USD vs. PayPal USD
Most cryptocurrencies are volatile investments that aren't suitable for conservative investors. However, stablecoins -- which are pegged to fiat currencies and other real-world assets -- might be compelling cryptos for investors who can't stomach a lot of near-term volatility.
Source name: fool.com
1 months, 17 hours, 34 minutes ago
PayPal's PYUSD Launches on Stellar to "Revolutionize Commerce"
Live from Stellar Meridian 2025 in Rio de Janeiro, CoinDesk's Jennifer Sanasie and Sam Ewen sit down with PayPal's Global Head of Compliance and Regulatory Relations for Crypto, Larry Wade and Stellar's President and Chief Growth Officer José Fernández Da Ponte to announce their new partnership. They discuss how this partnership will bring more utility to stablecoins, the role of compliance in a regulated space, and how this alliance serves a long-term vision for the future of finance.
Source name: youtube.com
1 months, 11 hours, 5 minutes ago
PayPal Expands PYUSD Stablecoin To 9 More Blockchains With LayerZero
PayPal's stablecoin PYUSD is now available on nine more blockchains, thanks to integration with LayerZero's interoperability protocol.
Source name: bitcoinist.com
1 months, 20 minutes ago
PayPal's PYUSD is about to break free from banks – Here's how!
With help from LayerZero, the stablecoin now works across nine new blockchains.
Source name: ambcrypto.com
1 months, 3 hours, 22 minutes ago
Layerzero Opens the Gates: Paypal's PYUSD Debuts on Tron, Aptos, Abstract, and Sei
Paypal's PYUSD stablecoin is breaking out of its home turf, hitching rides on Tron, Aptos, Avalanche, Sei, and a string of other chains via Layerzero's Stargate Hydra—giving it a passport far beyond its original digs.
Source name: news.bitcoin.com
1 months, 11 hours, 54 minutes ago
