Crypto.com has partnered with PayPal and Paxos to become a leading exchange for PayPal USD (PYUSD), the stablecoin launched by PayPal. This collaboration enhances PYUSD liquidity and accessibility for both retail and institutional traders on Crypto.com’s platform.
Key Highlights of the Partnership
- Deepest Liquidity: Crypto.com now offers the most liquid PYUSD trading pairs globally.
- Instant Listings: PYUSD is already available for deposits via the Crypto.com App, with trading features launching soon.
- Backed by Reserves: PYUSD is 100% backed by U.S. dollar deposits, short-term Treasuries, and cash equivalents, ensuring 1:1 redeemability.
Joe Anzures, SVP at Crypto.com, stated:
“Partnering with PayPal and Paxos aligns with our mission to bring crypto to every wallet. This integration empowers our 80M+ users and PayPal’s global merchant network.”
Future Integrations
Building on existing features like PayPal-to-Crypto.com Visa Card top-ups, both companies plan to explore:
- Expanded fiat on-ramps.
- Enhanced commerce solutions for merchants.
👉 Discover how PYUSD works on Crypto.com
FAQs
Q: How is PYUSD different from other stablecoins?
A: PYUSD combines PayPal’s trust with Paxos’ regulatory compliance, offering transparency via monthly reserve reports.
Q: Can I withdraw PYUSD to PayPal?
A: Yes, PYUSD is redeemable 1:1 for U.S. dollars through supported platforms.
Q: What trading pairs are available?
A: Crypto.com supports PYUSD against major cryptocurrencies, with more pairs coming soon.
About Crypto.com
Founded in 2016, Crypto.com serves 80M+ users worldwide with a focus on security and compliance. Its vision—Cryptocurrency in Every Wallet™—drives innovations like the Crypto.com Visa Card and DeFi Wallet.
👉 Explore Crypto.com’s ecosystem
Note: All promotional links unrelated to PYUSD or Crypto.com have been removed.
### SEO Keywords Integrated:
1. PayPal USD (PYUSD)
2. Crypto.com
3. Stablecoin
4. Paxos
5. Cryptocurrency exchange
6. Liquidity
7. PayPal integration
8. Digital commerce