Buy PayPal USD in Australia - The fast and easy way!
MoonPay offers a fast and easy way to buy PayPal USD (PYUSD) in Australia with a credit or debit card, Apple Pay, and more.
How to buy PayPal USD (PYUSD) in Australia?
- 1
Enter the amount in PYUSD or AUD that you wish to purchase
- 2
Enter your PYUSD wallet address
- 3
Verify your email and basic information
- 4
You're now ready to buy PayPal USD with a credit card or your preferred payment method!
Why is MoonPay the best way to buy PayPal USD in Australia?
Available globallyPurchase PayPal USD in Australia and 160 other countries using the local currency of your bank account, including AUD.
Buy what you needYou can buy PayPal USD in small or large quantities. Start by purchasing PayPal USD for as little as AU$44 on MoonPay.
ISO 27001 certifiedMoonPay employs certain security measures to try to ensure all Australian customers have a safe PayPal USD purchase experience.
What can you do with your PayPal USD?
HODL
Store your newly purchased PayPal USD in your preferred wallet. There are many custodial and non-custodial wallets to choose from.
Send
After you buy PayPal USD, you can transfer it to anyone in Australia and across the globe, as long as you know their PayPal USD wallet address.
Spend
Use your PayPal USD to purchase goods and services from a growing number of participating Australian merchants that accept PayPal USD and cryptocurrency.
Swap
Swap your PayPal USD for another cryptocurrency directly in your wallet or by using a DeFi application.
What is PayPal USD (PYUSD)?
PayPal USD (PYUSD), a stablecoin pegged to the U.S. dollar, is fully backed by reserves to ensure its value stays consistent. Issued by Paxos Trust Company, it was first launched on the Ethereum blockchain. Recently, PYUSD made the jump to Solana to boost transaction speeds and cut down on costs, choosing Solana for its low fees, fast processing times, high transaction capacity, and flexibility for developers. You can find more details on this in the PYUSD on Solana White Paper.
- Ticker
- PYUSD
- Price
- undefined
- 24h change
- 7d change
- Made by
- PayPal
- Release date
- 2024
- Total supply
- total_supply
Frequently Asked Questions About Buying PYUSD in Australia?
PayPal USD (PYUSD) was created by PayPal but is issued and custodied via Paxos Trust Company, a regulated financial institution focused on blockchain infrastructure and digital assets. Regulated by the New York State Department of Financial Services (NYDFS), Paxos issues stablecoins like Paxos Standard (PAX) and PayPal USD (PYUSD) while providing cryptocurrency custody and settlement services.
PayPal USD (PYUSD) was created by PayPal but is issued and custodied via Paxos Trust Company, a regulated financial institution focused on blockchain infrastructure and digital assets. Regulated by the New York State Department of Financial Services (NYDFS), Paxos issues stablecoins like Paxos Standard (PAX) and PayPal USD (PYUSD) while providing cryptocurrency custody and settlement services.
PayPal USD was launched in August 2023, surpassing $1 billion in market capitalization one year later.
PayPal USD was launched in August 2023, surpassing $1 billion in market capitalization one year later.
Australian users can buy crypto like PYUSD on MoonPay through our widget or mobile app. We've also teamed up with many leading platforms in the Web3 and DeFi space, allowing you to buy and sell crypto directly from your preferred non-custodial wallet.
Australian users can buy crypto like PYUSD on MoonPay through our widget or mobile app. We've also teamed up with many leading platforms in the Web3 and DeFi space, allowing you to buy and sell crypto directly from your preferred non-custodial wallet.
How much PayPal USD you can buy will depend on your account limit, with higher purchases requiring increasing/different KYC levels. The minimum amount that Australian customers can purchase is AU$44.
How much PayPal USD you can buy will depend on your account limit, with higher purchases requiring increasing/different KYC levels. The minimum amount that Australian customers can purchase is AU$44.
Want to buy PYUSD with a credit card? You’re in luck. MoonPay accepts most major credit and debit cards, including VISA and MasterCard. If you want to buy PayPal USD with a card, just enter the amount in PYUSD or Australian dollars that you wish to purchase, then enter your PYUSD wallet address. You're now ready to buy PayPal USD with a credit card or your favorite payment method!
Want to buy PYUSD with a credit card? You’re in luck. MoonPay accepts most major credit and debit cards, including VISA and MasterCard. If you want to buy PayPal USD with a card, just enter the amount in PYUSD or Australian dollars that you wish to purchase, then enter your PYUSD wallet address. You're now ready to buy PayPal USD with a credit card or your favorite payment method!
As a fiat-backed stablecoin, PYUSD attempts to maintain its 1:1 peg with the US dollar via reserves that include dollar deposits, government bonds, and other cash equivalents. While there is never a guarantee that the stablecoin will always maintain its value of $1, Paxos publishes monthly reports in an attempt to provide transparency of PYUSD reserves.
As a fiat-backed stablecoin, PYUSD attempts to maintain its 1:1 peg with the US dollar via reserves that include dollar deposits, government bonds, and other cash equivalents. While there is never a guarantee that the stablecoin will always maintain its value of $1, Paxos publishes monthly reports in an attempt to provide transparency of PYUSD reserves.
PYUSD and other stablecoins offer a way to remain within the cryptocurrency ecosystem while mitigating the inherent volatility of the market. With the aim of maintaining a stable value, these assets help reduce price fluctuations while offering the benefits of blockchain technology, such as decentralized finance (DeFi).
PYUSD and other stablecoins offer a way to remain within the cryptocurrency ecosystem while mitigating the inherent volatility of the market. With the aim of maintaining a stable value, these assets help reduce price fluctuations while offering the benefits of blockchain technology, such as decentralized finance (DeFi).
