Convert and Swap PayPal USD PYUSD to British Pound GBP
PYUSD/GBP: 1 PayPal USD equals £0.80 GBP
Last update: 6:19 PM, December 22, 2024
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PayPal USD market latest
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PayPal USD is falling this week.
The current price of PayPal USD is £0.80 per PYUSD. With a circulating supply of 530,596,771.201 PYUSD, it means that PayPal USD has a total market cap of £422,055,406.62. The amount of PayPal USD traded has risen by £136,825.01 in the last 24 hours, which is a 1.73% increase. Additionally, in the last day, £7,886,286.56 worth of PYUSD has been traded.
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About PayPal USD
PayPal USD (PYUSD) is a stablecoin pegged to the U.S. dollar. PYUSD is redeemable on a 1:1 basis for U.S. dollars and collateralized by U.S. dollars held in cash or cash equivalents.
PayPal USD (PYUSD) is a stablecoin issued by Paxos, a leading regulated blockchain infrastructure and tokenization platform. PYUSD is designed to maintain a stable value over time, relative to the U.S. dollar. This digital currency is fully backed by U.S. dollar deposits, U.S. treasuries, and cash equivalents, ensuring that each PYUSD token is equivalent to 1 USD. PYUSD operates on the Ethereum blockchain, a platform known for its programmability, making it a useful digital currency that can be integrated into public blockchains and help bridge the traditional economy and Web3.
PYUSD operates on the Ethereum blockchain, a decentralized platform that runs smart contracts. As a stablecoin, PYUSD is designed to maintain a steady value over time relative to the U.S. dollar. This is achieved by backing each PYUSD token with U.S. dollar deposits, U.S. treasuries, and cash equivalents. The reserves for PYUSD are held 100% in these assets, ensuring that customer funds are available for 1:1 redemption with Paxos. The reserves and the issuance of PYUSD are subject to strict regulatory oversight by the New York State Department of Financial Services, ensuring transparency and trust in the system.
PYUSD aims to provide inclusive, broad access to the financial system and enable fast and efficient money movement. As a programmable digital currency, PYUSD can be built into public blockchains, linking the traditional economy and Web3. This makes it a useful tool for developers to build new services and products on public blockchains. PYUSD can also be used for person-to-person payments, funding purchases, and converting other supported cryptocurrencies to and from PayPal USD. It is designed to reduce friction for in-experience payments in virtual environments, facilitate fast transfers of value, enable direct flows to developers and creators, and foster the continued expansion into digital assets.
PayPal USD was launched on August 7, 2023, by PayPal, a company that has been at the forefront of the digital payment revolution for more than 20 years. The launch of PYUSD marked PayPal's entry into the stablecoin market, aiming to contribute to the opportunities stablecoins offer for payments. The issuance of PYUSD is performed by Paxos Trust Company, a fully licensed limited purpose trust company. Paxos is known for its products that form the foundation for a new, open financial system that can operate faster and more efficiently. The launch of PYUSD is part of PayPal's commitment to responsible innovation and compliance, and its track record of delivering new experiences to its customers.
How PayPal USD and British Pound differ
PayPal USD (PYUSD) and the British Pound (GBP) are both forms of currency, but they operate in distinct ways and serve different purposes. PYUSD is a stablecoin issued by Paxos on the Ethereum blockchain, designed to maintain a stable value relative to the U.S. dollar. It's fully backed by U.S. dollar deposits, U.S. treasuries, and cash equivalents, ensuring each PYUSD token is equivalent to 1 USD. This digital currency aims to provide broad access to the financial system, enable efficient money movement, and bridge the traditional economy and Web3. On the other hand, the GBP is a traditional fiat currency used in the United Kingdom and its territories. Unlike PYUSD, the value of GBP fluctuates based on various economic factors and it's not tied to a blockchain. While PYUSD can be integrated into public blockchains and used for person-to-person payments, funding purchases, and converting other supported cryptocurrencies, GBP is primarily used for traditional transactions within the UK economy. The key differences between PYUSD and GBP lie in their underlying technology, value stability, and potential use cases.
Frequently asked questions
How much is 1 PayPal USD in GBP?
Right now, 1 PayPal USD is worth about £0.80.
How much PYUSD could I buy for 1 GBP?
Based on the current rate, you could get 1.26 PYUSD for 1 GBP.
How much has the price of PayPal USD changed?
PayPal USD price has been declining. Since yesterday, the exchange rate of PayPal USD has decreased. Since last month, the exchange rate of PayPal USD has decreased. Since this time last year, the price of PayPal USD has decreased.
How do I calculate or convert PYUSD to GBP?
You can use our PYUSD to GBP calculator at the top of this page to convert any amount of PYUSD to GBP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GBP is equivalent to 6.29 PYUSD. Inversely, 5 PYUSD will cost about £3.98
How can I buy 1 PayPal USD on Coinbase?
PayPal USD is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy PayPal USD.
What are assets similar to PayPal USD that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to PayPal USD, including Tellor, Helium Mobile, and EthereumPoW. For a more robust list of assets to explore, jump to the asset page dedicated to PayPal USD.
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Buy PayPal USD with Coinbase Wallet
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PYUSD to British Pound conversion tables
The exchange rate of PayPal USD is decreasing.
The current value of 1 PYUSD is £0.80 GBP. In other words, to buy 5 PayPal USD, it would cost you £3.98 GBP. Inversely, £1.00 GBP would allow you to trade for 1.26 PYUSD while £50.00 GBP would convert to 62.87 PYUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0.05%, and that the the highest exchange rate of 1 PYUSD to British Pound was £0.80 GBP and the lowest 24 hour value was 1 PYUSD for £0.80 GBP. This time last month, the value of 1 PYUSD was £0.80 GBP, which is a 0.05% increase from where it is now. Looking back a year, PayPal USD has changed by £0.79 GBP.
PYUSD to GBP performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
£0.80 GBP | -0.05% | £0.79 GBP | -0.00% | £0.80 GBP | -0.05% | £0.79 GBP | 0.03% |
PYUSD to GBP
Amount | Today at 6:19 pm |
|---|---|
0.5 PYUSD | £0.40 |
1 PYUSD | £0.80 |
5 PYUSD | £3.98 |
10 PYUSD | £7.95 |
50 PYUSD | £39.76 |
100 PYUSD | £79.53 |
500 PYUSD | £397.63 |
1,000 PYUSD | £795.26 |
GBP to PYUSD
Amount | Today at 6:19 pm |
|---|---|
0.5 GBP | 0.63 PYUSD |
1 GBP | 1.26 PYUSD |
5 GBP | 6.29 PYUSD |
10 GBP | 12.57 PYUSD |
50 GBP | 62.87 PYUSD |
100 GBP | 125.74 PYUSD |
500 GBP | 628.72 PYUSD |
1,000 GBP | 1,257.45 PYUSD |
Today vs. 24 hours ago
Amount | Today at 6:19 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 PYUSD | £0.40 | £0.40 | -0.05% |
1 PYUSD | £0.80 | £0.80 | -0.05% |
5 PYUSD | £3.98 | £3.98 | -0.05% |
10 PYUSD | £7.95 | £7.96 | -0.05% |
50 PYUSD | £39.76 | £39.78 | -0.05% |
100 PYUSD | £79.53 | £79.57 | -0.05% |
500 PYUSD | £397.63 | £397.83 | -0.05% |
1,000 PYUSD | £795.26 | £795.66 | -0.05% |
Today vs. 1 month ago
Amount | Today at 6:19 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 PYUSD | £0.40 | £0.40 | -0.05% |
1 PYUSD | £0.80 | £0.80 | -0.05% |
5 PYUSD | £3.98 | £3.98 | -0.05% |
10 PYUSD | £7.95 | £7.96 | -0.05% |
50 PYUSD | £39.76 | £39.78 | -0.05% |
100 PYUSD | £79.53 | £79.56 | -0.05% |
500 PYUSD | £397.63 | £397.82 | -0.05% |
1,000 PYUSD | £795.26 | £795.64 | -0.05% |
Today vs. 1 year ago
Amount | Today at 6:19 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 PYUSD | £0.40 | £0.40 | -0.02% |
1 PYUSD | £0.80 | £0.80 | -0.02% |
5 PYUSD | £3.98 | £3.98 | -0.02% |
10 PYUSD | £7.95 | £7.95 | -0.02% |
50 PYUSD | £39.76 | £39.77 | -0.02% |
100 PYUSD | £79.53 | £79.54 | -0.02% |
500 PYUSD | £397.63 | £397.71 | -0.02% |
1,000 PYUSD | £795.26 | £795.41 | -0.02% |
Buy PayPal USD with Coinbase
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Buy PayPal USD with Coinbase Wallet
Create a Coinbase account to buy and sell PayPal USD on the most secure crypto exchange.
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