PayPal USD Unlock Schedule
PYUSD has no fixed supply and no issuance schedule. We have not recorded scheduled unlocks for PayPal USD.
Verified How we verify
Key facts
| Emission model | Not established |
|---|---|
| Circulating supply | 2.9B PYUSD |
| Maximum supply | No fixed cap |
Upcoming unlocks
We have not verified a token unlock schedule for PayPal USD.
Supply and emission
PYUSD has no fixed supply and no issuance schedule. Supply grows when buyers deposit dollars with Paxos and shrinks when holders redeem. There is no burn tied to network activity, no protocol staking yield and no governance token. Holders receive no interest on the reserves; that yield accrues to the issuer and its distribution partners. Because PYUSD exists on more than one chain, circulating supply is the cross-chain sum, and bridging burns on one side and mints on the other.
Frequently Asked Questions
- Where does this data come from?
- Unlock dates and amounts are taken from PayPal USD's own project documentation and recorded by RampAtlas. This page was verified on September 2, 2026.