Usd Coin vs Paypal Usd: Key Differences (USDC vs PYUSD)
Complete side-by-side comparison of Usd Coin and Paypal Usd. Price, market cap, technology, and more.
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What is Usd Coin?
USDC (USD Coin) is a stablecoin pegged to the US dollar, designed to provide a digital alternative to traditional currency. It is widely used for transactions and as a store of value within the crypto ecosystem.
What is Paypal Usd?
PayPal USD is PayPal's fully-backed stablecoin issued by Paxos Trust. It brought crypto legitimacy to 430+ million PayPal users. Available on Ethereum and Solana, it bridges traditional fintech with DeFi. When PayPal puts its brand behind a stablecoin, regulators and institutions pay attention.
Price Evolution
Percentage change from start of period
Detailed Comparison
| Metric | ||
|---|---|---|
| Price & Market | ||
| Price | $1 | $1 |
Price $1 $1 | ||
| Market Cap | $76.40B | $3.59B |
Market Cap $76.40B $3.59B | ||
| 24h Volume | $9.21B | $39.24M |
24h Volume $9.21B $39.24M | ||
| Volume/Cap Ratio | 12.06% | 1.09% |
Volume/Cap Ratio 12.06% 1.09% | ||
| Market Dominance | 0.03040212% | 0.00142888% |
Market Dominance 0.03040212% 0.00142888% | ||
| All-Time High | $1.043 | $1.081 |
All-Time High $1.043 $1.081 | ||
| ATH Date | Nov 15, 2018 | Apr 2, 2026 |
ATH Date Nov 15, 2018 Apr 2, 2026 | ||
| Performance | ||
| 24h Change | 0.01% | 0.02% |
24h Change 0.01% 0.02% | ||
| 7d Change | 0.00% | 0.03% |
7d Change 0.00% 0.03% | ||
| 30d Change | 0.02% | 0.00% |
30d Change 0.02% 0.00% | ||
| Supply | ||
| Circulating Supply | 76.42B | 3.59B |
Circulating Supply 76.42B 3.59B | ||
| Total Supply | 76.43B | 3.59B |
Total Supply 76.43B 3.59B | ||
| Max Supply | Unlimited | Unlimited |
Max Supply Unlimited Unlimited | ||
| Technology | ||
| Consensus | N/A | ERC-20 / Solana |
Consensus N/A ERC-20 / Solana | ||
| Block Time | N/A | N/A (Stablecoin) |
Block Time N/A N/A (Stablecoin) | ||
| TPS (Transactions/sec) | N/A | N/A |
TPS (Transactions/sec) N/A N/A | ||
| Launch Year | N/A | 2023 |
Launch Year N/A 2023 | ||
| Transaction Fees | ||
| Average Fee | $0.50-$20 | $0.50-$20 |
Average Fee $0.50-$20 $0.50-$20 | ||
| Fee Model | Ethereum gas fees (ERC-20) | Ethereum gas fees (ERC-20) |
Fee Model Ethereum gas fees (ERC-20) Ethereum gas fees (ERC-20) | ||
| General | ||
| Primary Use Case | N/A | Stablecoin, Payments |
Primary Use Case N/A Stablecoin, Payments | ||
| Founder | N/A | PayPal |
Founder N/A PayPal | ||
| Website | N/A | www.paypal.com/pyusd |
Website | ||
| Volatility & Risk | ||
| Drawdown from ATH | 4.2% | 7.5% |
Drawdown from ATH 4.2% 7.5% | ||
- ✓USDC is a widely accepted stablecoin pegged to the US dollar
- ✓Transparent monthly audits increase trust and accountability
- ✓Supports fast and low-cost transactions across multiple blockchains
- ✓Backed by PayPal - 430M+ user base for distribution
- ✓Backed by PayPal - 430M+ user base for distribution
- ✓Fully regulated stablecoin issued by Paxos Trust
- ✓Fully regulated stablecoin issued by Paxos Trust
- ✓Available on Ethereum and Solana
- ✓Available on Ethereum and Solana
Usd Coin Risks
- ✗Centralized control increases regulatory and operational risks
- ✗Dependence on fiat reserves may limit scalability and flexibility
- ✗Not suitable for high volatility investment strategies
Paypal Usd Risks
- ✗Late entrant competing against USDT and USDC dominance
- ✗Late entrant competing against USDT and USDC dominance
- ✗Limited DeFi integration compared to established stablecoins
- ✗Limited DeFi integration compared to established stablecoins
The Verdict
Both Usd Coin and Paypal Usd serve important roles in the crypto ecosystem. Many investors choose to hold both as part of a diversified crypto portfolio.
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