PayPal USD (PYUSD) vs USDC (USDC)
Learn how PayPal USD and USDC differ in their key features, market performance, and community adoption, so you can decide which cryptocurrency is best for your investment strategy.
$1
#39
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$0.9999
#6
USDC is a stablecoin, meaning it is a stable cryptocurrency aimed at replicating the value of the US dollar (USD). Launched in 2018 by the company Circle, USDC is one of the most widely used centralized stablecoins by investors. Each USDC is backed by one US dollar held in cash or equivalent assets. Circle's reserves are audited and made public on a monthly basis. In 2024, Circle became the first stablecoin issuer to comply with the MiCA regulation in Europe.
View Full PageKey Metrics Comparison
PayPal USDPYUSD
Market Cap$2.86B
24h Volume$56.49M
Liquidity Ratio1.98%
24h Change+0.03%
7d Change+0.05%
Circulating Supply2,859,345,494.487
Max SupplyN/A
All-Time High$1
USDCUSDC
Market Cap$72.011B
24h Volume$16.43B
Liquidity Ratio22.82%
24h Change+0.01%
7d Change+0.01%
Circulating Supply72,019,743,483.637
Max SupplyN/A
All-Time High$1
Category Performance
Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.
Market Share
Share of combined market cap
PYUSD
3.8%USDC
96.2%Volume Share
Share of combined 24h volume
PYUSD
1.0%USDC
99.7%24h Performance
Price change over last 24 hours
PYUSD
0.03%USDC
0.01%7d Performance
Price change over last 7 days
PYUSD
0.05%USDC
0.01%Proximity to ATH
How close to all-time high (closer is better)
PYUSD
-2.1%USDC
-4.1%Liquidity Ratio
Volume to market cap ratio (higher = more liquid)
PYUSD
1.98%USDC
22.82%