PYUSD/USDC: Convert and Swap PayPal USD (PYUSD) to USDC (USDC)
1 PayPal USD equals 1.00 USDC
Last update: 8:54 AM, June 7, 2024
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The current PYUSD to USDC conversion rate is 1. Inversely, this means that if you convert 1 USDC you will get 1 PYUSD.
The conversion rate of PYUSD/USDC has increased by 0.03% in the last hour and grown by 0.05% in the last 24 hours.
Overview
About PayPal USD (PYUSD)
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.
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About USDC (USDC)
USDC is a stablecoin redeemable on a 1:1 basis for US dollars, backed by dollar denominated assets held in segregated accounts with US regulated financial institutions. The launch of USDC was powered by a collaboration between Coinbase and Circle through the co-founding of the CENTRE Consortium. Coinbase customers with US dollar accounts may exchange 1 USDC for US$1.00 (and vice versa) on Coinbase in jurisdictions where USDC support is available. The graph above reflects USDC’s current and historical redemption value of US$1.00, which may not match the price of USDC on other exchanges. Note: Coinbase only supports USDC running on Ethereum (ERC-20).