PayPal USD (PYUSD) is a US dollar stablecoin issued by Paxos and usable directly inside PayPal and Venmo. Each token is redeemable one-to-one, backed by cash and short-term US Treasuries, and issued by a federally regulated trust company. This explainer covers what PYUSD is, which blockchains it runs on (Ethereum, Solana, Arbitrum, Stellar), how to use it in-app or on-chain, the opt-in rewards, and a reality check on availability, competition, and the fact that it is not FDIC or SIPC insured. This video is educational only and not investment advice. Chapters: 0:00 Introduction 0:24 What PYUSD Is 0:48 Where It Runs and How to Use It 1:14 A Reality Check 📖 Full article: https://blockspot.io/what-is-pyusd/ 💬 Would you hold a stablecoin inside PayPal? Let us know in the comments! #PYUSD #stablecoins #cryptoeducation
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