Yes, you can buy PYUSD just like you can buy any other stablecoin (or crypto) such as USDT and USDC. Several leading exchanges such as Coinbase and Kraken have already listed PYUSD on their platforms. Alternatively, you can also buy PYUSD on PayPal itself. Refer to the guide above for a step-by-step demonstration of the purchase process.

How much is a USD to a PYUSD?

The value of PYUSD is pegged to the U.S. dollar, ensuring its stability and maintaining parity with the traditional currency. Therefore, the exchange rate between USD and PayPal's stablecoin PYUSD is designed to be 1:1. This means one PYUSD is equivalent to one U.S. dollar. So, when you exchange USD for PYUSD, you should receive an equal amount of PYUSD for each dollar, barring any transaction fees that may apply.

How do I buy PYUSD on PayPal?

Buying PYUSD through PayPal follows the same process as purchasing any other supported cryptocurrency on their platform. Add money to your PayPal account to fund the purchase, navigate to the “Crypto” section of the dashboard, select PYUSD and the dollar amount you wish to convert to stablecoin, closely review fees and details, then confirm the transaction for the digital currency to be credited to your wallet.

What is the point of PYUSD?

PayPal launched the PYUSD stablecoin to claim a piece of the growing cryptocurrency market and support next-generation payments. As a regulated, web3-compatible token, PYUSD provides a bridge for fund transfers between traditional finance and decentralized blockchain applications. Its stable value and seamless integration with PayPal’s infrastructure allows faster, lower-cost transactions that aim to accelerate mainstream adoption.