PayPal USD (PYUSD) vs Tether (USDT)

Learn how PayPal USD and Tether differ in their key features, market performance, and community adoption, so you can decide which cryptocurrency is best for your investment strategy.

$0.9998

#34

PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal USD is redeemable 1:1 for U.S. dollars and is issued by Paxos Trust Company.

View Full Page

$0.9993

USDT, or Tether, is a stablecoin, meaning it is a stable cryptocurrency aimed at maintaining a fixed value relative to the US dollar (USD). Launched in 2014 by Tether Limited, USDT is designed to offer the stability of a fiat currency while allowing for the speed and flexibility of transactions on blockchains. Each USDT is supposed to be backed by an equivalent reserve in dollars or equivalent assets, which helps maintain its parity with the dollar.

View Full Page

Key Metrics Comparison

PayPal USDPYUSD

Market Cap

$2.763B

24h Volume

$42.15M

Liquidity Ratio

1.53%

24h Change

+0.00%

7d Change

-0.02%

Circulating Supply

2,763,855,417.859

Max Supply

N/A

All-Time High

TetherUSDT

Market Cap

$184.094B

24h Volume

$47.588B

Liquidity Ratio

25.85%

24h Change

+0.02%

7d Change

-0.01%

Circulating Supply

184,219,443,473.58

Volume to market cap ratio (higher = more liquid)

PYUSD

1.53%

USDT

25.85%