PayPal USD (PYUSD) stablecoin analytics
PYUSD is PayPal's regulated dollar stablecoin issued by Paxos, redeemable 1:1 and backed by U.S. Treasury reverse repos and cash deposits.
Static Profile
Static stablecoin profile
PayPal USD (PYUSD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Jun 3, 2026
PayPal's KPMG-attested PYUSD has crossed $4B with one of the cleanest reserve profiles tracked; the open question is whether PayPal's 400M users will ever use it natively. PYUSD crossed $4 billion in circulation and the reserve composition remains almost aggressively boring...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- U.S. dollar deposits, U.S. Treasury securities, and reverse repurchase agreements
- Peg Mechanism
- Direct 1:1 redemption through PayPal/Paxos
- Jurisdiction
- United States / NYDFS / Limited Purpose Trust Charter
- Proof Of Reserves
- Independent Audit by KPMG Reserve source
Snippet Answer
Is PYUSD safe?
Pharos does not mark PYUSD as absolutely safe. Static metadata says PayPal USD uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from KPMG; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety pyusd-paypal
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jun 3, 2026.
PYUSD quick answers
What is PayPal USD (PYUSD)?
PYUSD is PayPal's regulated dollar stablecoin issued by Paxos, redeemable 1:1 and backed by U.S. Treasury reverse repos and cash deposits. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through PayPal/Paxos
What backs PYUSD?
Pharos classifies PYUSD backing as Real-World Asset Backed. Collateral, per the static profile: U.S. dollar deposits, U.S. Treasury securities, and reverse repurchase agreements Reserve evidence: Independent Audit from KPMG.
Can PYUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for PYUSD, when applicable, appear in the dossier below.