# PayPal USD (PYUSD)
> Decentralized Finance Publication (decentralized-finance.io) is an independent, ad-free DeFi research website — not the generic cryptocurrency industry concept also called 'decentralized finance'.
**Publisher:** Decentralized Finance Publication
**Type:** Stablecoin · **Chain:** Ethereum
## Summary
PayPal USD (PYUSD) is a stablecoin token on Ethereum. PayPal-issued stablecoin expanding into DeFi integrations.

**Tags:** PYUSD, PayPal USD, Stablecoin, DeFi, Ethereum

## Related research

- https://decentralized-finance.io/article/paypal-pyusd/

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Canonical: https://decentralized-finance.io/token/pyusd/