PayPal USD (PYUSD) Maintains Stability Amid Rapid Expansion
PayPal USD (PYUSD) traded 0% lower against the dollar during the 1-day period ending at 12:00 PM Eastern on April 14th, with a total market cap of $4.05 billion and $107.91 million worth of PYUSD traded on exchanges in the last 24 hours. One PayPal USD token is currently trading for approximately $1.00 on major cryptocurrency exchanges.
Market Performance
PYUSD is currently trading on 157 active markets with $108.66 million traded over the last 24 hours. The stablecoin's price remains tightly pegged to the US dollar, reflecting its core design as a 1:1 dollar-backed digital asset.
Global Expansion Accelerates
PayPal announced in March 2026 that it is making PayPal USD available in 70 markets worldwide in the PayPal account, enabling users to send funds globally with faster settlement and lower cost than traditional payment methods. Users in newly supported markets can buy, hold, send, and receive PYUSD directly from their PayPal account, and eligible users can earn rewards on their PYUSD holdings.
Developer Infrastructure Growth
Nium launched a PYUSD Card Platform on March 30, 2026, allowing businesses to issue stablecoin-funded Visa/Mastercard cards using PYUSD. PayPal launched the PYUSDx Development Framework on February 27, 2026, enabling developers to create custom stablecoins backed by PYUSD for specific applications.
DeFi Integration
PYUSD has become the second-largest stablecoin on Kamino, with over $500 million in deposits, and over $200 million in PYUSD can now be borrowed at under 5% APY.
Supply Growth Outpaces Competitors
In the past 30 days, PYUSD supply increased 16.66% versus USDT's 1.02%, demonstrating rapid adoption relative to the market leader.