Stablecoin
PayPal USD (PYUSD) is a US dollar stablecoin issued for PayPal by Paxos Trust Company under the supervision of the New York State Department of Financial Services, launched on Ethereum in August 2023. It was added to Arbitrum, its first layer 2, in July 2025 and is also on Solana and Stellar.
In the record
38
Months since it was first seen
12
Institutions of its kind in the record
