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
#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.
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$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.
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Key Metrics Comparison

PayPal USDPYUSD
Market Cap
$3.018B
24h Volume
$86.79M
Liquidity Ratio
2.88%
24h Change
-0.01%
7d Change
0.00%
Circulating Supply
3,018,258,603.294
Max Supply
N/A
All-Time High
$1
USDCUSDC
Market Cap
$74.27B
24h Volume
$20.173B
Liquidity Ratio
27.16%
24h Change
+0.00%
7d Change
0.00%
Circulating Supply
74,275,338,523.288
Max Supply
N/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

Market Share
PYUSD
3.9%
USDC
96.1%

Volume Share

Share of combined 24h volume

Volume Share
PYUSD
1.0%
USDC
99.6%

24h Performance

Price change over last 24 hours

24h Performance
PYUSD
-0.01%
USDC
0.00%

7d Performance

Price change over last 7 days

7d Performance
PYUSD
0.00%
USDC
0.00%

Proximity to ATH

How close to all-time high (closer is better)

Proximity to ATH
PYUSD
-2.1%
USDC
-4.1%

Liquidity Ratio

Volume to market cap ratio (higher = more liquid)

Liquidity Ratio
PYUSD
2.88%
USDC
27.16%