Starting from 08:00 UTC on October 4, we officially list PayPal USD (PYUSD) on the ONUS application. Soon after PYUSD is added, users can perform the following features:
- Off-chain transactions: Send and receive PYUSD with other users in the ONUS network.
- Trade: Swap from VNDC or USDT to PYUSD and vice versa.
Trade PayPal USD (PYUSD) on ONUS:
- Track PYUSD/USD price today
- Track PYUSD/VND price today
- How to buy PayPal USD (PYUSD)
- What is PayPal USD (PYUSD)
About PayPal USD
PYUSD is a stablecoin launched by PayPal, one of the world’s leading companies in e-commerce and online payments. Similar to stablecoins like Tether USD (USDT) and USD Coin (USDC), PayPal USD is also backed by US dollars, US Treasury bonds, and other cash-equivalent assets.
PayPal claims that PYUSD will facilitate direct and secure peer-to-peer transactions within Web3, a significant step in eliminating the reliance on traditional intermediaries such as banks and payment processors. This not only helps to increase the speed and efficiency of transactions but also brings cost savings for users.
What is PYUSD?
PYUSD is a stablecoin operating on Ethereum and Solana according to ERC20 and SPL standard, and can be used for:
- Online shopping
- Bill payments
- Sending and receiving money
- Converting to fiat and cryptocurrency
Specifications
- Name: PayPal USD
- Symbol: PYUSD
- Platform: Ethereum, Solana
- Standard: ERC20, SPL
- Smart Contract Address:
- Ethereum: 0x6c3ea9036406852006290770bedfcaba0e23a0e8
- Solana: 2b1kV6DkPAnxd5ixfnxCpjxmKwqjjaYmCZfHsFu24GXo
- Total supply: 694,957,897 PYUSD
