Introduction to PYUSD
On August 17, Tokenview announced the integration of PayPal's USD-pegged stablecoin, PYUSD. This ERC-20 token, issued and managed by Paxos Trust Company, aims to streamline digital payments within blockchain ecosystems. As a multi-chain block explorer, Tokenview now enables users and developers to track PYUSD's on-chain activity across supported networks.
Key Features of PYUSD
- Full Reserve Backing: Collateralized 1:1 by U.S. dollars, short-term Treasuries, and cash equivalents
- Ethereum Compatibility: Built on ERC-20 standards for broad Web3 interoperability
- PayPal Integration: Available for peer-to-peer payments via PayPal's platform
How to Track PYUSD on Tokenview
Access the Dashboard
Navigate to Tokenview's PYUSD tracking page to view:- Market Data: Current capitalization ($26.9M) and circulating supply
- Issuance Details: Ethereum chain deployment by Paxos
Analyze Token Activity
Mint/Burn Events: Chronological list of PYUSD transactions
- Initial mint: 1.1M PYUSD (November 2022)
- Largest mint: 26.4M PYUSD (February 2023)
Holder Distribution:
- Top address holds 92.92% (24.99M PYUSD)
- Paxos Treasury holds 7.08% (1.9M PYUSD)
👉 Explore real-time PYUSD analytics
Security Alert: Counterfeit PYUSD Tokens
Following PYUSD's launch, scammers deployed fake tokens on:
- Ethereum
- BNB Chain
- Base Network
Verification Tips:
- Confirm contract addresses via Paxos' official channels
- Cross-check transaction histories with Tokenview's explorer
About Tokenview
As a leading blockchain data platform, Tokenview provides:
- 120+ Chain Support: Including BTC, ETH, TRX, Layer2, and Cosmos ecosystems
- Comprehensive Datasets: Transactions, smart contracts, DeFi/NFT metrics
- Developer Tools: Structured JSON APIs with multi-layer validation
Connect With Us
- Website: tokenview.io
- Twitter: @tokenview2018
- Telegram: t.me/tokenview_en
FAQ
Q: Can PYUSD be traded on cryptocurrency exchanges?
A: Yes, select exchanges list PYUSD for trading against other assets.
Q: How does PYUSD maintain its peg to the USD?
A: Through regular audits of reserve assets by Paxos.
Q: What makes Tokenview's data reliable?
A: All data comes from self-hosted node clusters with triple-layer verification.