Integrated with a DePIN infrastructure financing platform to subsidize interest rates for GPU financing.

Deployed on Aptos blockchain alongside other institutional stablecoin providers including BlackRock's BUIDL, Franklin Templeton, and Paxos USDG.

Transferred $1.2 billion from Copper to new wallet 0xC7A455f687D1 on December 28, 2025.

established partnership with Coinbase to increase PYUSD usage

Featured in ETHGlobal's DeFi & Payments category highlighting stablecoin rails alongside USDC in developer activity from November-December 2025, with 506 projects built in this category.

Is being distributed across mainstream endpoints as part of confidential USD settlement infrastructure scaling.

Faces significant resistance in B2B expansion as Intuit chose Circle's USDC over PYUSD for business payments integration.

Expanded PYUSD0 (the omnichain extension of PYUSD) to Stable network, enabling cross-chain transfers through Stargate at a 1:1 rate with zero slippage.

Integrated with USDai for settlement rails in AI infrastructure finance and onchain credit applications.

Mentioned in Delphi Digital's 2026 Infrastructure Year Ahead Report as an example of a fintech company issuing its own stablecoin.

A PYUSD Trading Sprint with $30k in prizes runs from December 15 21:00 UTC to December 17 21:00 UTC.

PayPal targets $1 billion in stablecoin deposits for PYUSD Savings Vault on Spark.

Spark protocol launches PYUSD Savings Vault offering 4.25% savings rate, with Spark's Savings V2 platform reaching $395M in TVL since October launch.

Basel Committee releases guidance note lowering risk weight for banks holding qualified regulated stablecoins like PYUSD from 1250% to 100%, making it cheaper for banks to hold stablecoins on balance sheets with banks expected to start hoarding stablecoins as liquidity buffers in Q1 2026.

Bungee integrates PYUSD for cross-chain swaps across 25+ chains with gasless transactions.

YouTube integrates PYUSD as a payout option for U.S. creators on the platform, per Fortune.

StateStreet (fourth largest asset manager with $5T AUM) and Galaxy plan to launch tokenized liquidity fund SWEEP on Solana in early 2026, using PYUSD for onchain subscriptions and redemptions, with $200M seeding from Ondo Finance.

Earnmo tool launches, integrating PYUSD with Venmo to enable gas-free conversion to USDC and 2% premium earnings through zkp2p peer-to-peer deposits, powered by zkp2p Offramp SDK, Privy.io, and RelayProtocol.

PYUSD holder growth reaches +13.8% over the past 30 days, though this trails behind competitor USDG's +28.0% growth rate during the same period.

PYUSD expands to SEI Network through LayerZero integration.

PYUSD holds $2.7 billion in supply on Ethereum mainnet. Overall supply triples since September.

PYUSD integrates with Bungee platform, enabling gas-free cross-chain swaps across 25+ blockchains.

PYUSD supply on Solana surpasses $1 billion, up approximately 4x since the start of the year.

PYUSD is on track to become the 3rd largest stablecoin after USDT and USDC if current growth trajectory continues into 2026.

Ranked #1 fastest growing stablecoin in the $1B+ market cap category, with Paxos issuing both the #1 (PYUSD) and #3 (USDG) fastest growing stablecoins.

PYUSD deploys on SEI Network as part of a 260% surge in tokenized RWAs on the network, enabling use in yield strategies through lending protocols averaging ~5.7% returns.

PYUSD jumped 35% with $1B in inflows as dollar-backed stablecoins expanded while synthetic stablecoin Ethena lost $2.2B in redemptions during November.

$2.6 billion added to market cap since September.

PYUSD grew 3X since September.

A new $30,000 PYUSD Trading Sprint runs from December 1, 21:00 UTC to December 2, 21:00 UTC.

Spark protocol now offers a 4.5% savings rate to PYUSD holders.

PYUSD had zero new token issuance in November according to stablecoin minting data.

Smart Money inflows total $257K over the past week.

A new $30k PYUSD Trading Sprint runs from November 27 21:00 UTC to November 30 21:00 UTC.

Over $190M in PYUSD can be borrowed below 5% APY on Kamino, representing the lowest borrow rate against SOL, LSTs, and BTC on Solana.

PYUSD price feed now available on Monad network alongside other major stablecoins as part of real-time data integration.

Market cap reaches all-time high of $3.8 billion, up 660% year-to-date, with $2.7 billion (70% of supply) hosted on Ethereum.

PYUSD integrates with Sei Network alongside USDC, USDT0, and AUSD, expanding availability to a new blockchain platform.

A new $30k PYUSD Trading Sprint runs from November 20 21:00 UTC to November 23 21:00 UTC.

PYUSD holds the top position as the fastest growing tokenized asset in the $1B+ market cap category.

PYUSD supply reaches over $3.4 billion in minted tokens.

A new $30k PYUSD Trading Sprint runs from November 17 21:00 UTC to November 19 21:00 UTC.

PYUSD supply on Solana increases by $625M week-over-week, marking the largest stablecoin supply change across all networks during this period.

PYUSD now ranks 4th among fastest growing Real World Assets, improving from 9th position on November 10.

PYUSD supply exceeds $3 billion and reaches 1% of total stablecoin market share.

A $30k PYUSD Trading Sprint runs from November 10 21:00 UTC to November 12 21:00 UTC. PYUSD ranks 9th among fastest growing Real World Assets based on 30-day market cap growth.

PYUSD borrowing capacity on Kamino Main Market doubles to over $200M at under 5% APY following borrow curve adjustment for SOL, LST, and BTC collateral.

Over $100 million PYUSD becomes available for borrowing at under 2% APY on Kamino main pool with an extremely flat curve.

Paxos mistakenly minted $300 trillion PYUSD in October due to an internal transfer error, an amount 2.5x global GDP.

Supply grows by $1.9B since July, contributing to 70% of non-USDT-USDC stablecoin growth alongside USDe (+$3.9B) and USDS (+$2.5B).

Quarterly transfer volume on Ethereum reaches all-time high of $18.6 billion, up 260% year-over-year.

PYUSD ranks as the 4th fastest growing tokenized asset in the $1B+ supply category, growing faster than USDT and USDC.

PYUSD becomes available on Aptos blockchain, marking expansion to a new blockchain beyond its existing Solana and NEAR Protocol deployments.

PYUSD holds the third-largest market cap position among tokenized assets on Solana and shows growth while USDC and USDT decline.

A $30k PYUSD Trading Sprint runs from Nov 4 21:00 UTC to Nov 6 21:00 UTC.

Supply on Solana increased by 74.2% over the past month, outpacing competitor stablecoin USDG which grew 39.1% in the same period.

Near_intents announces upcoming support for PYUSD alongside other stablecoins for minimal-fee 1-1 swaps in 7-8 figure transaction sizes on NEAR Protocol's Universal Liquidity Layer.

Supply increases by approximately 378% in the past 90 days on Solana, positioning PYUSD as one of the fastest growing stablecoins on the network.

PYUSD printed $0 in new supply during October, while USDT and USDC printed $8.7B and $2.4B respectively during the same period.

PYUSD listed as one of the fastest growing RWAs by 30-day TVL growth.

PayPal's PYUSD stablecoin is launching on the Sei Network.

TVL across crvUSD pools increases significantly, with pyUSD showing especially noticeable growth.

PYUSD ranks among the top 5 stablecoin issuers on Ethereum, with total stablecoin supply on the network at an all-time high of $184.1 billion.

A $30k PYUSD Trading Sprint runs from October 28 21:00 UTC to October 30 21:00 UTC.

Yield Basis provides YB token incentives for the pyUSD/crvUSD Curve Finance pool to maintain continuity after the pool was excluded from Convex Finance and StakeDAO vote incentives this cycle.

Outstanding supply of PYUSD on the Solana blockchain exceeds $1 billion.

A $30k PYUSD Trading Sprint runs from October 24 21:00 UTC to October 27 21:00 UTC.

PayPal joins Sei blockchain infrastructure alongside Circle, Tether, Chainlink, LayerZero, Securitize, MetaMask, Morpho, Ondo, KAIO, and Agora as institutions choosing Sei for global finance applications.

A Jumper protocol user executed a $4 million USDC to PYUSD swap with 0.0026% slippage.

PayPal Ventures leads an $18M Series A funding round for Kite AI, with PYUSD positioned for use in AI agent stablecoin payments within the x402 protocol ecosystem backed by Coinbase and Cloudflare.

BlackRock transferred $500 million on Aptos blockchain yesterday; PYUSD is natively issued on Aptos alongside other major stablecoins. Aptos ranks #3 by RWAs at $1.2B total and large enterprises including Reliance Jio and Lotte are building on the platform.

Deposits into Spark protocol grew 560% in two months from approximately $75M to approximately $500M.

A $30k PYUSD Trading Sprint runs from October 21 21:00 UTC to October 23 21:00 UTC.

Paxos representative explains the 300 trillion PYUSD minting incident at a Federal Reserve crypto roundtable meeting today.

Paxos mistakenly minted 300 trillion PYUSD tokens on Ethereum before burning them.

PYUSD ranks as the 3rd largest stablecoin by supply on Solana and is the fastest-growing stablecoin on the network.

PYUSD expands to Sei Network through LayerZero protocol integration, providing access for 430 million PayPal users and merchants to the Sei ecosystem.

Approximately $200 million PYUSD sits in a Sentora vault on Kamino with 10% incentive APY and remains idle for months.

Outstanding supply of PYUSD on Solana crosses $1 billion.

A $30,000 PYUSD Trading Sprint competition runs from October 17 at 21:00 UTC to October 20 at 21:00 UTC.

Spark achieves $500 million (50%) of its $1 billion PYUSD supply expansion target within three weeks of the partnership announcement.

PYUSD grows by $1.70 billion between July 1 and October 16, 2025, ranking 4th among all stablecoins by growth during this period.

YieldBasis DAO adds extra YB token rewards to the crvUSD/pyUSD stablecoin pool, with rewards currently live.

The $300 trillion PYUSD mint is burned 7 hours after creation and correctly re-minted as 300M PYUSD.

An accidental $300M PYUSD burn preceded the previously reported $300T mint incident on October 15.

Spark partners with PYUSD to inject up to $1 billion into PYUSD liquidity. Paxos evaluates Layer-2 expansion on Arbitrum and LayerZero bridges.

Aave Protocol Guardian freezes PYUSD markets on Aave v3 Core as a precautionary measure following the mint/burn incident, with plans to unfreeze the asset once the situation is completely clear.

Paxos executes a $300 trillion PYUSD mint on Ethereum that is burned within approximately 20 minutes, described as either a decimal error or authorized inventory replenishment for chain swaps and future issuances.

PayPal speaks at DC Fintech Week alongside Block and Circle, discussing digital economy topics including finance, policy, and technology.

Circulating supply nearly doubles from $1.3B to $2.5B in the past month, making PYUSD the fastest growing stablecoin on both Ethereum and Solana during this period.

Kamino deposits surge from $5M to $452M in one month, with the protocol now holding 70% of all PYUSD on Solana.

A $30k PYUSD Trading Sprint competition runs from October 13 21:00 UTC to October 15 21:00 UTC.

Whale activity continues with 213.2 million PYUSD (~$213.4M) transferred between unknown wallets, representing the largest movement in the recent series of escalating transactions.

Outstanding supply for PYUSD on Solana is up approximately 260% year to date, demonstrating substantial growth of the stablecoin on this blockchain.

Quarterly transfer volume for PYUSD on Ethereum reaches all-time high with ~260% year-over-year growth.

A $30k PYUSD Trading Sprint competition runs from October 7 21:00 UTC to October 9 21:00 UTC, potentially driving increased trading volume during this period.

$77 call options on PayPal stock with 10/24 expiration recorded unusually high volume, subsequently delivering 4x returns as the stock rises 4%.

PYUSD supply increased 10% ($200M) over the past week, with nearly all growth occurring on Solana and 99% of new tokens deposited into Kamino DeFi protocol. A new 195 million PYUSD transfer continues the pattern of escalating whale movements.

184 million PYUSD ($183.9 million) transferred between unknown wallets, marking the fourth consecutive day of large whale movements with an escalating transfer amount from previous days.