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Cryptocurrency News Video
What Is PayPal USD (PYUSD)? PayPal's Stablecoin Explained
Jul 07, 2026 at 09:46 am Blockspot
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
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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