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PayPal�s New Stablecoin - BIG for crypto!PayPal has added a new cryptocurrency to its roster: PayPal USD (PYUSD). On Monday, the online payments service became the first major U.S. PayPal USD (PYUSD) is fully backed by U.S. dollar deposits, short-term U.S. treasuries and similar cash equivalents, and can be redeemed Use the app to buy, transfer, and sell cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and the new PayPal stablecoin, PayPal USD (PYUSD)