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Token on 2 chains

Icon of PayPal USD

PayPal USD

PYUSD Issued by Paxos
100.6%

$2.41B reserves for $2.47B market cap, all chains

  • Repos 78%
  • T-Bills 18%
  • Cash 4%

As of Sep 30, 2026 · Issuer reports · latest report · sources

01 · Chains

PYUSD on each chain

The reserves are reported for all chains together. Each chain gets the share of its circulating supply at the report date.

Chain Market cap Reserves Share Backing ratio
Icon of PayPal USD PYUSD on Ethereum $1.77B $1.65B 68.4% 100.6%
Icon of PayPal USD PYUSD on Solana $701.73M $762.32M 31.6% 100.6%

02 · Backing chain

What PYUSD is backed by

All chains together. Move the slider or press play to see the chain week by week.

Oct 31, 2026 Open in Explore

Backs: tokens that hold PYUSD

Backed by: the reserves behind PYUSD, through every level

Backing on Oct 31, 2026, the last recorded day of its week. Backing from reports counts until the next report, for at most 140 days. Between two reports the values are estimated, see the settings.

03 · Composition over time

What the reserves were made of

All chains together. Before a chain was tracked, its part is missing from the totals.

Tap for the mix at a date.

Latest, Sep 30, 2026

Click reserve assets above to show only those.

04 · Backing ratio

Reserves against market cap

All chains together, at the report dates.

05 · Reserves today

Every reserve asset

Reserve asset Value Share
Repos $1.89B 78.2%
T-Bills $436.66M 18.1%
Cash $87.87M 3.6%

06 · Sources

38 reports behind these numbers

Paxos's monthly attestation reports, for all chains together. Each chain gets its share by circulating supply.

Period File Source
2026-09 PYUSD-2026-09-Attestation-report.pdf Original
2026-08 PYUSD-2026-08-Attestation-report.pdf Original
2026-07 PYUSD-2026-07-Attestation-report.pdf Original
2026-06 PYUSD-2026-06-Attestation-report.pdf Original
2026-05 PYUSD-2026-05-Attestation-report.pdf Original
2026-04 PYUSD-2026-04-Attestation-report.pdf Original
2026-03 PYUSD-2026-03-Attestation-report.pdf Original
2026-02 PYUSD-2026-02-Attestation-report.pdf Original
2026-01 PYUSD-2026-01-Attestation-report.pdf Original
2025-12 PYUSD-2025-12-Attestation-report.pdf Original
2025-11 PYUSD-2025-11-Attestation-report.pdf Original
2025-10 PYUSD-2025-10-Attestation-report.pdf Original
2025-09 PYUSD-2025-09-Attestation-report.pdf Original
2025-08 PYUSD-2025-08-Attestation-report.pdf Original
2025-07 PYUSD-2025-07-Attestation-report.pdf Original
2025-06 PYUSD-2025-06-Attestation-report.pdf Original
2025-05 PYUSD-2025-05-Attestation-report.pdf Original
2025-04 PYUSD-2025-04-Attestation-report.pdf Original
2025-03 PYUSD-2025-03-Attestation-report.pdf Original
2025-02 PYUSD-2025-02-Attestation-report.pdf Original
2025-01 PYUSD-2025-01-Attestation-report.pdf Original
2024-12 PYUSD-2024-12-Attestation-report.pdf Original
2024-11 PYUSD-2024-11-Attestation-report.pdf Original
2024-10 PYUSD-2024-10-Attestation-report.pdf Original
2024-09 PYUSD-2024-09-Attestation-report.pdf Original
2024-08 PYUSD-2024-08-Attestation-report.pdf Original
2024-07 PYUSD-2024-07-Attestation-report.pdf Original
2024-06 PYUSD-2024-06-Attestation-report.pdf Original
2024-05 PYUSD-2024-05-Attestation-report.pdf Original
2024-04 PYUSD-2024-04-Attestation-report.pdf Original
2024-03 PYUSD-2024-03-Attestation-report.pdf Original
2024-02 PYUSD-2024-02-Attestation-report.pdf Original
2024-01 PYUSD-2024-01-Attestation-report.pdf Original
2023-12 PYUSD-2023-12-Attestation-report.pdf Original
2023-11 PYUSD-2023-11-Attestation-report.pdf Original
2023-10 PYUSD-2023-10-Attestation-report.pdf Original
2023-09 PYUSD-2023-09-Attestation-report.pdf Original
2023-08 PYUSD-2023-08-Attestation-report.pdf Original