PayPal USD PYUSD
Rank #35 stablecoin
Supply release: when does the rest arrive?
No maximum supplyThere is no release date — PYUSD has no maximum supply.
New PYUSD is issued indefinitely under the network's own rules, so there is no point at which issuance finishes and no final total to count down to. Long-run scarcity depends on the issuance rate — and on any burning that offsets it — rather than on a hard cap.
Supply at a glance
About PayPal USD
PayPal USD is PayPal's own US-dollar stablecoin, issued by the regulated Paxos Trust and integrated into PayPal and Venmo — one of the clearest signs of mainstream payments companies entering crypto rails.
Issued by Paxos, for PayPal (2023).
PayPal USD in context
PayPal USD trades 15% below its all-time high of A$1.69, set in April 2025. Over the past 90 days it has lost 0.2% in AUD terms, trailing Bitcoin's +24.3% by 24.5 percentage points — one of the moves behind today's altcoin season index reading. Daily turnover runs at about 1.9% of its market value — comparatively thin trading, which can amplify moves in both directions.
Computed from our market records at build time — figures refresh with the daily rebuild.
12-month range (AUD)
today sits 30% of the way up the rangeThe supply maths: what would a price target mean?
full calculator →Market cap = price × circulating supply. With 3.04 billion PYUSD circulating, every dollar of PYUSD price is A$3.04B of market cap — so check what a target actually implies:
Where to buy PayPal USD in Australia
Ad disclosure: 'Buy' buttons are affiliate links*; order reflects our exchange scores. It never affects scores or rankings. How we make money
| Exchange | AUD pair | Instant-buy cost | Score | |
|---|---|---|---|---|
| Kraken | via USDT | — | 8.4/10 | Buy on Kraken* |
| OKX | via USDT | 0.7% | 8.0/10 | Buy on OKX* |
| Crypto.com | via USDT | — | 8.0/10 | Buy on Crypto.com* |
How PYUSD stacks up
PYUSD vs USDC →
PYUSD vs RLUSD →
Side-by-side charts, market data and the structural differences — all head-to-heads.
FAQ
What is the PayPal USD (PYUSD) price in AUD right now?
The PYUSD price in AUD is about A$1.43 as of our last data refresh — the price at the top of this page updates continuously from CoinGecko market data (every 10 minutes in production), quoted in Australian dollars first so there's no mental USD conversion. The converter above turns any PYUSD amount into AUD at the live rate.
How do I buy PayPal USD in Australia?
PayPal USD is listed on Kraken, OKX, Crypto.com with direct AUD pairs. Deposit AUD via PayID or bank transfer, then buy PYUSD — most platforms complete this in minutes after ID verification.
Is PayPal USD taxed in Australia?
Yes — the ATO treats PayPal USD as a CGT asset. Selling, swapping or spending it is a taxable event; holding over 12 months may qualify individuals for the 50% CGT discount. See our crypto tax guide.
When will the rest of the PYUSD supply be released?
There is no release date — PYUSD has no maximum supply. New PYUSD is issued indefinitely under the network's own rules, so there is no point at which issuance finishes and no final total to count down to. Long-run scarcity depends on the issuance rate — and on any burning that offsets it — rather than on a hard cap.
Who created PayPal USD?
Issued by Paxos, for PayPal (2023).
What is PayPal USD's all-time high in AUD?
PayPal USD peaked at A$1.69 in April 2025. Today's price sits 15% below that peak — the stat cards above track it daily.
Why does the PYUSD price here differ from prices I see in USD?
We quote in Australian dollars, so the number moves with both the coin's USD price and the AUD/USD exchange rate. Most global sites quote USD — multiply by the current exchange rate (or just use our converter above) and the numbers reconcile.
Market data powered by CoinGecko · availability verified against exchange listings
General information only, not financial advice. Crypto is volatile — never invest more than you can afford to lose.