Launched PYUSDx, a stablecoin tokenization framework with M0 and MoonPay, backed 1:1 by PayPal USD, enabling app-specific stablecoins.

Reached $475M market cap on Arbitrum in February 2026, a ~70x increase driven by flows from Ethereum through LayerZero.

Faces adverse impact from proposed OCC rules that would restrict white-label stablecoin issuance and limit issuers to a single brand of stablecoin.

Minted $15,050,175 PYUSD, bringing total supply to $4,201,436,370 as of February 26, 2026.

Minted $11,268,512 PYUSD, bringing total supply to $4,186,386,195 as of February 26, 2026.

Offers native 4% yields on PYUSD holdings.

Reached 400 million PayPal wallets with PYUSD integration in 2025.

Minted $15,079,299 PYUSD, bringing total supply to $4,175,117,683.

Minted 19,684,768 PYUSD, bringing total supply to 4,160,038,384 PYUSD.

Minted 16,895,620 PYUSD, bringing total supply to 4,140,353,616 PYUSD.

Integrated with Pendle for yield optimization strategies, listed as Aave aPYUSD with 2026-05-28 expiry.

Received $38.77 million PYUSD from Vitalik Buterin's 19,268 ETH sale, with an average ETH sell price of $2,012 over a 23-day period ending 2026-02-26.

Shows approximately 18% of circulating supply deployed in DeFi across lending protocols and DEX pools.

Integrated with Ethena for farming DeFi yields, with Ethena deploying approximately $1 billion across various platforms including PYUSD and RLUSD for lending.

Minted $17,284,576 PYUSD, bringing total supply to $4,123,457,996.

Reached $37.9B in quarterly transfer volume on Ethereum in Q4 2025.

Integrated with Euler Finance, where users can borrow PYUSD against Ondo tokenized stocks (SPYon, TSLAon, QQQon) and earn incentives for supplying PYUSD.

Minted $10,891,891 PYUSD, bringing total supply to $4,055,611,988. Market cap surpassed $4 billion, representing 700% year-over-year growth.

Designated Solana as the default blockchain network, with Ethereum and Arbitrum as supported alternative chains.

Minted $57,616,594 PYUSD, bringing total supply to $4,029,457,472 as of February 13, 2026.

Minted $19,587,284 PYUSD, bringing total supply to $3,960,588,184.

Integrated into Kamino's Stable Loops feature, enabling automated looping between USDC and PYUSD to capture interest rate spreads, with up to 10x leverage through their Multiply feature for PYUSD/CASH pairs.

Reached $9B in total transaction volume on Solana.

Partners with Figure through Sentora to expand PyUSD vaults with PRIME, an RWA backed by U.S. HELOC loans.

Minted 14,233,393 PYUSD, bringing total supply to 3,941,000,900 PYUSD as of February 13, 2026.

Minted $20,052,550 PYUSD on February 12, 2026, bringing total supply to $3,926,767,507.

A single user deposited $7 million worth of PayPal USD into the pyUSD/crvUSD pool on Stake DAO.

Minted $24,399,626 PYUSD on February 10, 2026, bringing total supply to $3,906,714,957.

Available in the PRIME Market on Kamino, where it can be borrowed using PRIME as collateral with up to 8.3× leverage.

Reached $828 million in supply on Solana as of February 10, 2026.

Sentora's PYUSD v2 Morpho Vault activated a 1% management fee in late December 2025.

Offers incentives on PYUSD through Sentora's PYUSD v2 Morpho Vault to grow assets under management.

Removed Alex Chriss as CEO, with Enrique Lores (former HP CEO and PayPal board member since 2021) appointed as replacement.

Added extra rewards program on the Curve Finance PYUSD/crvUSD liquidity gauge through Stake DAO integration.

Received an A- rating from Bluechip with a perfect 1.0 score in management, decentralization, and governance.

Will be added as a funding option on Interactive Brokers (IBKR) on 2026-01-22.

Deposits on Aave crossed $400M in Q4 2025, increasing 40x.

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

announced plans to launch on Stellar network

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, with holdings reaching $150 million; became fourth-largest stablecoin on Arbitrum.

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.

Allocated 500M PYUSD via Spark-governed liquidity, targeting $1 billion PYUSD deposits, pairing with USDC and USDT to reduce per-unit costs.

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 enables US creators to receive earnings in PayPal's stablecoin.

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 $1B+ market cap, with Paxos issuing both #1 (PYUSD) and #3 (USDG). Ranks as the fastest growing RWA deployment on Arbitrum, with supply increasing 40x during February 2026.

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 reached $3.88 billion, up 660% year-to-date, with $2.7 billion (70% of supply) hosted on Ethereum. Minted $13,399,923 PYUSD on February 10, 2026.

Integrates with Sei Network via native support alongside USDC, USDT0, and AUSD.

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.