PayPal Dollar (PYUSD) is a stablecoin pegged to the US dollar, designed to offer the stability of fiat currency within the digital asset space.
Launched by PayPal in partnership with Paxos Trust Company, PYUSD aims to bridge the gap between traditional finance and blockchain technology.
Its primary purpose is to provide users with a secure and stable store of value while facilitating digital transactions. The integration of PYUSD into PayPal’s extensive global network brings significant credibility and reliability, making it a key player in the evolving stablecoin landscape.
Buy, sell and trade PYUSD in the UK with coinpass.
It’s simple to buy PYUSD in the United Kingdom. All you need to do is:
1. Create your coinpass account
Sign up for an account. Complete the verification process to activate your account.
2. Fund your account
Transfer funds into your coinpass account via bank deposit or credit/debit card. Coinpass supports multiple funding methods to suit your needs.
3. Buy PYUSD
Once your account is funded, go to the PYUSD trading page. Enter the amount you wish to buy and complete the transaction.
4. Secure your investment
Store your PYUSD securely on the coinpass platform by using coinpass’s security features to protect your digital assets.
Trade PYUSD
Expand your portfolio by trading PYUSD on the coinpass exchange. Whether you’re buying PYUSD for long-term holding or short-term trading, coinpass offers highly competitive rates for UK-based investors. Trade PYUSD against various tokens such as USDT and USDC.
Invest in PYUSD
Invest in PYUSD and store the PayPal stablecoin in your cryptocurrency wallet. Set up monthly purchases to grow your PYUSD holdings without worrying about market fluctuations.
Supported PYUSD markets
Stay updated with live price charts and market data for GBP/PYUSD, EUR/PYUSD, USDC/PYUSD, and USDT/PYUSD on coinpass. Get real-time data to help you make informed investment decisions.
PYUSD has many unique features that other popular stablecoins like USDT, USDC and DAI don’t. For example:
- Reputation and trust
PYUSD is backed by PayPal, a globally recognised and trusted financial technology company, providing an added layer of credibility. - Stability
PYUSD maintains a 1:1 value with the US dollar, providing a secure and stable store of value. - Transparency
Regular third-party audits ensure transparency and confirm that each PYUSD token is fully collateralised by US dollar reserves. - Integration with traditional finance
PYUSD’s seamless integration with PayPal’s network enhances its utility for digital transactions and settlements, bridging the gap between traditional finance and blockchain technology. - Liquidity
PYUSD is supported by highly liquid assets, ensuring ease of redemption and trading.
Adding PayPal Dollar (PYUSD) to our coinpass platforms represents a significant milestone in expanding access to secure, stable digital assets for UK-based coinpass users.
PYUSD’s combination of robust backing, institutional-grade transparency, and diverse user cases makes it a valuable asset for investors seeking stability in an evolving market.
You can explore more benefits of PYUSD on our platform and see how it could complement your existing crypto investing strategies.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take a few minutes to learn more.