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Coinbase Introduces Free Conversion for PayPal's PYUSD as Stablecoin Competition Intensifies

Crypto exchange Coinbase (COIN) said it will introduce free conversions between PayPal's dollar-pegged stablecoin, PYUSD PYUSD - $0.999471958809811 and the U.S. currency in a move aimed at accelerating the shift toward on-chain payments.

Source: coindesk.com

Related symbols: STABLEUSD

2025-04-24 16:39:03 GMT.

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Price & Market Data

Price: $0.999471958809811

Volume 24h: $22,186,756.77

Market Cap: $899,156,494.53

Description

PayPal USD (PYUSD) is a cryptocurrency and operates on the Ethereum platform. PayPal USD has a current supply of 899,631,537.036002. The last known price of PayPal USD is 0.99951669 USD and is up 0.03 over the last 24 hours. It is currently trading on 117 active market(s) with $22,948,144.91 traded over the last 24 hours. More information can be found at https://www.paypal.com/pyusd.