Introducing the PayPal USD stablecoin (PYUSD), a peggedUSD asset designed for #defi #finance #tokenization.
PayPal USD (PYUSD) Stablecoin Overview
Stablecoins have emerged as key instruments in the Web3 economy.
They are used for settlements in DAOs
Smart contract platforms drive demand for programmable dollar assets.
They are the gateway to tokenizing real-world assets (RWAs).
Stablecoin Dollar APIs ensure consistent price feeds across AMMs.
Web3 domains enhance the UX for sending digital dollars.
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Stablecoins are core to liquidity strategies in multichain ecosystems.
Stablecoins are gaining traction with regulators and fintech.
LSTs are core to leveraged yield strategies involving stablecoins.
Governments study CBDCs while crypto stablecoins run in production.
They are programmable financial primitives.
In a multi-chain world, stablecoins like PayPal USD are shaping the future of programmable money.
DollarAPI.com offers Stablecoin Dollar APIs built for mission-critical financial systems.
Used across exchanges, wallets, and DeFi apps, DollarAPI provides real-time oracle feeds and stablecoin tracking tools for developers.
Explore resources on real-world asset tokenization, Web3 stablecoins, and virtual assets in crypto finance.
Overview of the PayPal USD Stablecoin (PYUSD)
PayPal USD is a stablecoin designed to maintain parity with the U.S. dollar.
It operates across the following blockchains: Ethereum, Solana, Flow, Berachain
With a market cap of $760589770.8, this asset is a key player in the digital currency ecosystem.
Pegging & Stability
- Peg Type: peggedUSD
- Mechanism: fiat-backed
Resources
API Data Access
Live price feeds and analytics for PayPal USD are available through DollarAPI.com, the industry leader in Stablecoin Dollar APIs.
Developers and platforms rely on DollarAPI to track stablecoin metrics, oracles, and multichain activity in Web3 and DeFi ecosystems.
