PayPal Enables PYUSD Stablecoin Payouts for U.S. YouTube Creators
Stable has launched PayPal's USD-pegged PYUSD stablecoin on its mainnet, expanding availability following its rollout for U.S. YouTube creator payouts.
PYUSD
Summary
Stable announced that PayPal’s USD stablecoin, PYUSD, went live on the Stable mainnet on December 18. PYUSD, issued by Paxos and pegged to the U.S. dollar, was previously introduced as a payout option for U.S.-based YouTube creators in Q3 2025, marking one of the most prominent consumer-facing applications of the stablecoin. The mainnet launch extends PYUSD’s reach beyond existing payment integrations, reinforcing its role in fast, low-volatility digital settlements.
Terms & Concepts
- PYUSD stablecoin: A U.S. dollar-pegged cryptocurrency issued by PayPal and powered by Paxos, designed for everyday commerce, seamless conversions, and stable value digital transactions.
- Stablecoin: A cryptocurrency pegged to a stable asset such as fiat currency to minimize price volatility and enable predictable transactions.