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PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S.
USDC is a fully collateralized US dollar stablecoin.
FOR CONTEXT
$73.96B compared to the worldAbout this comparison
This page compares the market capitalizations of PayPal USD (PYUSD) and USDC (USDC). With PayPal USD currently at $0.9998 per coin and a market cap of $2.90B, and USDC at $0.9999 with a market cap of $73.96B, applying USDC's market cap to PayPal USD's circulating supply produces a hypothetical PYUSD price of $25.51 — a 25.5x move from current.
PayPal USD: PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S.
USDC: USDC is a fully collateralized US dollar stablecoin.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If PayPal USD had USDC's market cap, what would the price be?
If PayPal USD (PYUSD) had USDC's (USDC) current market cap of $73.96B, each PYUSD would be worth approximately $25.51 based on the circulating supply of 2,898,906,438 PYUSD. That is 25.5x the current PYUSD price of $0.9998.
What is the current market cap of PayPal USD?
PayPal USD (PYUSD) currently has a market cap of $2.90B, ranking #42 by market capitalization. Each PYUSD trades at $0.9998.
What is the current market cap of USDC?
USDC (USDC) currently has a market cap of $73.96B, ranking #6 by market capitalization. Each USDC trades at $0.9999.
How does PYUSD compare to USDC?
PayPal USD's market cap of $2.90B sits well above USDC's $73.96B. For PYUSD to reach USDC's current valuation, the price would need to move 25.5x from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming PayPal USD's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.