StablyticsThe Stablecoin Market Map
Directory

About

PayPal is a global payments network that issues PayPal USD (PYUSD), minted by Paxos, and integrates stablecoin functionality across PayPal, Venmo and its merchant/payouts products. PYUSD has expanded to 70+ countries and is used for cross-border business payouts via PayPal's 'Pay with Crypto' merchant feature.

Stablecoin from a mainstream consumer payments giant.

Stablecoins

PYUSD

Key products

PYUSDPay with CryptoPayPal CheckoutVenmo

Chains

EthereumSolanaArbitrumStellar
Founded
1998
HQ
San Jose, USA
Stage
Public
Funding
Public (NASDAQ: PYPL)

Related companies

Coinbase logo

Coinbase

Largest US crypto exchange and USDC co-issuer

Coinbase is the largest US-listed crypto exchange and a primary stablecoin trading venue. It co-founded USDC with Circle via the Centre consortium and earns a share of USDC reserve revenue, while operating Base (its L2), Coinbase Wallet, custody and on/off-ramp services. In 2026 it is positioning around stablecoins, Base, and an 'everything exchange' strategy.

ExchangesFiat-Backed IssuersWallets
MoonPay logo

MoonPay

Fiat-to-crypto on/off-ramp infrastructure

MoonPay is one of the largest fiat<>crypto on/off-ramp providers, letting businesses embed buy/sell flows via widget, SDK, or API across 180+ countries and most major fiat currencies and local payment methods. It has expanded aggressively through acquisitions since 2025, adding stablecoin payments, card, and wallet capabilities (including Helio and Iron).

On / Off-RampsPayments & PSPsWallets
Stripe logo

Stripe

Global payments platform with native stablecoin checkout

Stripe is the dominant internet payments platform. After acquiring stablecoin infrastructure startup Bridge for ~$1.1B in early 2025 and stablecoin wallet firm Privy, Stripe rolled out native stablecoin acceptance: every Stripe merchant can accept USDC (and USDB) through standard checkout, and Stripe powers USDC payments for millions of Shopify merchants. It charges a flat ~1.5% on stablecoin transactions.

Payments & PSPsIssuance & OrchestrationOn / Off-Ramps
Banking Circle logo

Banking Circle

Issuer of EURI

Banking Circle, a Luxembourg-based bank supervised by the CSSF, issues EURI, a MiCA-compliant euro stablecoin, integrating it with its cross-border banking and payments infrastructure for financial institutions.

Fiat-Backed IssuersBanking & ReservesPayments & PSPs
Bastion logo

Bastion

Regulated stablecoin issuance & wallet infrastructure

Bastion is a stablecoin infrastructure provider with a regulated trust-company posture (via Dibbs Trust), focused on enterprise stablecoin issuance, embedded wallets and compliance. It offers turnkey minting/redeeming, custody and orchestration for fintechs and enterprises looking to launch compliant stablecoin programs.

Issuance & OrchestrationFiat-Backed IssuersWallets
Block (Square) logo

Block (Square)

Merchant payments giant adding stablecoin acceptance

Block, the parent of Square and Cash App, is integrating stablecoin payments into its merchant ecosystem, enabling small businesses to accept USDC and settle to fiat, and exploring Lightning/Bitcoin and stablecoin rails across Cash App.

Payments & PSPsWallets