Dapp store Ethereum Stablecoins Stablecoin issuers

PayPal USD

Stablecoin issuersStablecoin payment platforms

PayPal USD

PayPal USD is PayPal's U.S. dollar stablecoin for payments, transfers, and onchain commerce.

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What is PayPal USD?

PayPal USD is a U.S. dollar-backed stablecoin issued for payments, transfers, and digital commerce. Users can buy, sell, hold, send, and receive PYUSD through PayPal and Venmo, while developers and businesses can use the token in onchain payment flows across supported networks including Ethereum and Solana.

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Web3 dapps and developer tools related to PayPal USD

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Frax Finance

Alchemy CustomerDecentralized CDPs

Frax Finance issues frxUSD, a Treasury-backed digital dollar built on BlackRock's BUIDL, and runs the Fraxtal L2 plus the FraxNet mint-and-earn app.

Usual

Alchemy CustomerDecentralized CDPs

Usual issues USD0, a stablecoin fully backed by tokenized U.S. Treasury Bills, with a USUAL governance token that redistributes most protocol revenue to users.

Liquity

Alchemy CustomerDecentralized CDPs

Liquity is a decentralized borrowing protocol on Ethereum that lets users borrow BOLD stablecoin against ETH and staked ETH.

Sky

Decentralized CDPs

Sky is the upgraded MakerDAO ecosystem, powering the USDS stablecoin and DAO-governed lending against on-chain collateral.

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How to build a stablecoin in 2026

A technical guide covering everything you need to know to build your own stablecoin.

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Wallets

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PayPal USD alternatives

Explore web3 competitors and apps like PayPal USD.

Ripple USD

Stablecoin issuers

Ripple USD is Ripple's enterprise-focused U.S. dollar stablecoin for payments and settlement.

Mountain Protocol (USDM)

Stablecoin issuers

Mountain Protocol issues USDM, a yield-bearing stablecoin backed by short-duration U.S. Treasuries.

Circle

Stablecoin issuers

Circle issues USDC and EURC, stablecoins used for payments, settlement, trading, and onchain finance.

Tether

Stablecoin issuers

Tether issues USDT, the largest U.S. dollar stablecoin used for payments, trading, and settlement across major blockchains.

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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

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