Cash-backed dollar stablecoins · Asset page

PayPal USD (PYUSD)

Paxos · number 5 of 6 cash-backed dollar stablecoins we count

Short answer

As of October 28, 2026, $2.98 billion of PayPal USD (PYUSD) is on public blockchains, read directly from 5 blockchains by The Migration by Concrete.

PYUSD by blockchain

Blockchain and token addressValueAddress source
Ethereum
0x6c3ea9036406852006290770BEdFcAbA0e23A0e8
$1.96BA · issuer address page
Solana
2b1kV6DkPAnxd5ixfnxCpjxmKwqjjaYmCZfHsFu24GXo
$696.0MA · issuer address page
Arbitrum
0x46850aD61C2B7d64d08c9C754F45254596696984
$312.6MA · issuer address page
Polygon
0x99aF3EeA856556646C98c8B9b2548Fe815240750
$10.4MA · issuer address page
X Layer
0x87b4a8176B3Df6b71e26CC095edcAf4Db07506B4
$2.0MA · issuer address page

Addresses from Paxos.

Quick answers

How much PYUSD is on-chain?

As of October 28, 2026, $2.98 billion of PayPal USD (PYUSD) is on public blockchains, read directly from 5 blockchains by The Migration by Concrete.

Which blockchains is PYUSD on?

PYUSD is on 5 blockchains in our count. The largest are Ethereum ($1.96B), Solana ($696.0M), Arbitrum ($312.6M).

How does PYUSD rank among cash-backed dollar stablecoins?

PYUSD is number 5 of the 6 cash-backed dollar stablecoins we count, with 1.1% of the $262.80 billion total as of October 28, 2026.

Who issues PYUSD?

PYUSD is issued by Paxos. Every address we count comes from the issuer's own published list or a written confirmation from the issuer.

The Migration by tracks traditional finance moving on-chain, reading every token directly from public blockchains. See all our counts.

Citing this page: "The Migration by Concrete, PYUSD on-chain, Oct 28, 2026," with a link to this page and to .

For information only. Not investment advice.