PayPal USD #78

PayPal USD PayPal USD/PYUSDtoken-share-icon#78Watchlist 0

0.9998
Value Up 0.02% 0.0002(24h)
  • #78 Rank
  • Share
  • Watchlist
  • 1H  0.03%

  • 7D  -0.010%

  • 1H

    High price0.03%

  • 7D

    Low price-0.010%

Market CapInformation

950.197M

FDVInformation

950.197M

Circulating Sup...Information

950.419M PYUSD (100%)

Max SupplyInformation

-

Total Supply Information

950.419M PYUSD

Total Volume 24HInfo

20.25M

Cex Volume Info

N/A

Dex Volume Info

N/Adrop-down-img

Green Days

N/A

All Time High

1.06-5.68%

All Time Low

0.97432.61 %
How do you feel about PayPal USD Market today? Info  
  • bull-image0.00%
  • 0.00% bear-img
  • Price
  • MarketCap
  • price-img
  • price-img
  • 24H
  • 7D
  • 1M
  • 6M
  • 1Y
  • 2Y
trading-view
  • Price
  • MarketCap
  • price-img
  • price-img
trading-view
Please wait...
We are loading Chart Data
cover-img   PYUSD
currency-exchange

Market CapInformation

950.197M

FDVInformation

950.197M

Circulating Sup...Information

950.419M PYUSD (100%)

Max SupplyInformation

-

Total Supply Information

950.419M PYUSD

Total Volume 24HInfo

20.25M

Cex Volume Info

N/A

Dex Volume Info

N/Adrop-down-img
cover-img   PYUSD
currency-exchange
Summary of PayPal USD

Technical Analysis

Strong
Sell

Sell

Neutral

Buy

Strong
Buy

Red Speedometer
 

Sell

-

Neutral

-

Buy

-

Oscillator

Strong
Sell

Sell

Neutral

Buy

Strong
Buy

Red Speedometer
 

Sell

-

Neutral

-

Buy

-

Moving Average

Strong
Sell

Sell

Neutral

Buy

Strong
Buy

Red Speedometer
 

Sell

-

Neutral

-

Buy

-

Please wait...

We are loading your technical analysis data for selected source.

Average transaction fees info-icon

Please wait data is Loading...

Centralized Exchanges List
ExchangePricePairs24h VolumeTrust Score
Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...
About PayPal USD

What Exactly Is PayPal USD (PYUSD)?

PayPal USD (PYUSD) is classified as a stablecoin, defined as a digital currency whose value is pegged to the U.S. dollar at a 1:1 rate. By establishing the exchange rate and providing the backing of reserves to match the value of the digital currency to the fiat currency, PayPal USD is issued by Paxos Trust Company at a regulated agency and is backed by assets held in U.S. dollar deposits, short-term U.S. Treasuries, and cash equivalents. Aimed for consumption in transactions in the digital world, PayPal describes that the PayPal USD stablecoin will utilize and be transferred via the Ethereum blockchain in a convenient, secure, and inexpensive manner

In addition to the practical utility, PYUSD is also launched and regulated by the New York State Department of Financial Services (NYDFS) to ensure appropriate operation. For attestation for Proof of Reserves operation, independent auditing firms, such as WithumSmith+Brown, PC, provide affirmation regularly that the number of tokens in circulation are equal to the assets in reserve.

Use Case

PayPal USD will run as a stable digital asset that can be used for a variety of settlement transactions across the digital world of finance.

Below are highlighted use cases, some offered through PayPal operation, as all transactions in the form of stable digital asset are considered digital transactions.

  • Buying & Selling - pay (or receive - receipt is sale) using intermediary services (e.g., Paypal) that support, on record, the use of stable digital currency e.g., Paypal, Venmo, or respected crypto exchanges, such as Coinbase or Kraken.
  • Crypto Conversions - enjoy the stablecoin in days of use across crypto assets, being able to trade for BTC, ETH or LTC on supported exchanges offered by the centralized world (e.g. Paypal) and distributed crypto exchanges (or off chain crypto exchanges).
  • Online Purchases and Payments - settle by providing PayPal USD at vendors that support PayPal as a payment Transfer across accounts - free transfer of funds between PayPal Account to other accounts (e.g., PayPal to my outside account). When the time comes to settle, PYUSD stands as a less volatile alternative for requiring funds to be available in a digital format

Security and Compliance

The operation of PYUSD follows a framework perhaps more regulated than the prevailing operation of processing electronic transactions. It is required to implement the following:

  • Fully backed, regulated reserves - that can be converted instantaneously when requested, to cash (U.S. dollar and receipts).
  • State and Federal oversight and regulation - as ensured supervision (independently audited every month).
  • Passive asset recovery, again - third-party accounting firm to review, comply, and sign off. All this is established, on-chain, utilizing Smart Contracts for operating on Bitcoin/Ethereum to ensure transaction and account holds

Where to buy PayPal USD (PYUSD)?

PayPal USD is to be supported across numerous crypto exchanges, thereby utility in purchasing the stablecoin. The primary exchanges include HTX, Bybit, Kraken, Coinbase Exchange, OKX, Gate.io, Crypto.com Exchange, KuCoin, Uniswap V3 (Ethereum), and Curve (Ethereum) to explore various pairs to complete access to both Centralized (CEX) and Decentralized (DEX) exchanges.

Wallets Supporting PayPal USD (PYUSD)

PayPal USD will be commercially viable and obtainable when stored in Ethereum-compatible usable wallets. The wallets thus far outlined and described supporting PayPal include Trust Wallet, Ledger, imToken, Metamask (without deducting fees), Torus (web wallet), Coinbase Wallet, TokenPocket, iToken Wallet, Assure Wallet, SafePal, BRD Wallet, Coinhub, OKX Wallet, Solflare, SimpleHold Wallet, Portis Wallet & WalletConnect, Fortmatic, Ambire Wallet, etc. (more available as increasing as time goes).
 
Trade History
Date & TimeTypePriceTotalAmt PYUSD MakerTxns
Loading...Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...Loading...
Loading...Loading...Loading...Loading...Loading...Loading...Loading...
Other Predictions
  • Please wait while we load your prediction list data. Thank you for your patience!
performance imageTechnical Analysis
Technical Analysis

Strong
Sell

Sell

Neutral

Buy

Strong
Buy

Red Speedometer

Full analysis blur-right-image

Sell

-

Neutral

-

Buy

-

Sentiment

N/A

Volatility

N/A

Moving Average

-

Moving Average Crossover

-

Oscillator

-
Related Updates
Loading...Loading...Loading...Loading...Loading...Loading...