Are you planning to invest in a stable coin backed by the powerful US Dollar? You can buy and sell PayPal USD (PYUSD), which is pegged to the USD, on the PayPal platform. PYUSD is stable, so it initiates and settles transactions on the platform using fast and efficient methods with high security. The tokens are issued by the Paxos Trust Company.
Like any other stable coin, PYUSD is also highly valued with it secured in a 1:1 ratio against the USD. The New York State Department of Financial Services oversees the regulatory aspects of the platform.
The stable coin is built on the Ethereum blockchain. This stable and secure platform serves to connect the traditional financial system, represented by USD, with the decentralized financial space.
PYUSD Token Utilities
PYUSD tokens have the following use cases.
- You can buy and sell PYUSD using the PayPal app or directly through its website.
- You can buy other crypto coins recognized by the platform by paying a nominal fee.
- You can pay for major e-commerce purchases using PYUSD crypto coins.
- You can also use PYUSD to send and receive them to your friends and relatives and transact them with Ethereum and Solana-based cryptocurrency holders.
The PYUSD tokens are available on the market, and these figures will give you an insight into the current market trends of the tokens.
- Current Market Price of PYUSD Coins: $0.9978
- Market Capitalization: $586,353,646
- Fully Diluted Valuation: $586,353,646
- 24 Hour Trading Volume: $5,331,855
- Volume/Market Capitalization (24 hours): 1.16%
- Circulating Supply: 587,112,507
- Total Supply: 587,112,507
- Maximum Supply: ∞
PayPal USD (PYUSD) Price Prediction 2024–2030
Read the expected yearly low, yearly average, and yearly high price of PYUSD tokens for 2024, 2025, 2026, 2027, 2028, 2029, and 2030 in the table below.
Year | Yearly Low | Yearly Average | Yearly High |
2024 | $0.17991 | $0.995 | $1.18 |
2025 | $0.2832583 | $1.09 | $1.37 |
2026 | $0.541677026 | $1.01 | $1.77 |
2027 | $0.46559602553 | $1.50 | $1.97 |
2028 | $0.0693888270306 | $1.05 | $1.80 |
2029 | $0.371577168748863 | $1.77 | $2.14 |
2030 | $0.351936661257851 | $1.96 | $2.31 |
The potential return on investment (ROI) of PYUSD for 2025, 2026, 2027, 2028, 2029, and 2030, when compared to the current price of $0.9978, is given in the table below.
Year | Potential Return on Investment (ROI) |
2025 | +8% |
2026 | +23% |
2027 | +50% |
2028 | +73% |
2029 | +77% |
2030 | +95% |
Where And How To Buy PYUSD Tokens?
You can purchase PYUSD from the following cryptocurrency exchanges.
- Coinbase Exchange
- Bybit
- Hotcoin
- Bitget
- Bitmart
- BingX
Here are some insights into the procedure for buying PYUSD tokens.
- Confirm the exchange from where you intend to buy PYUSD tokens.
- Create an account in the exchange by providing the necessary details for KYC verification.
- Select a payment method from crypto wallet, credit card, debit card, or bank transfer and fill it with the adequate amount of base currency. PYUSD/USD is the most profitable trading pair in the market.
- Go to the purchase page of the exchange and select the amount of PYUSD tokens you intend to purchase.
- You can directly exchange the base currency to buy PYUSD tokens.
- After the buying activity concludes, you may move the PYUSD tokens to a cold wallet or a hardware wallet to store them safely.
The Bottom Line: Should You Invest in PYUSD Tokens?
PYUSD is a good investment in the coming years due to its increasing yearly ROI. The price increases with each year, and consequently, you get greater return after each passing year. Though the price rise is not very high, the neutral market sentiments of the token can be leveraged to gain profit in your investments.
So, rest assured, PYUSD is a profitable buy in the coming years.
Disclaimer: All crypto coins are subject to market risks; their prices can falter as per the market conditions. Take care that you do not fall prey to the general volatility of crypto coins. All your investment decisions should be wise and informed by data analysis and interpretation of the on-chain development activities.