U.S. creators on YouTube can now elect to receive platform earnings in PYUSD, PayPal’s U.S. dollar–pegged stablecoin, Fortune reported. PayPal’s head of crypto, May Zabaneh, confirmed that YouTube is using PayPal’s enterprise payouts network so the platform does not need to handle crypto custody or operations directly. YouTube — already a PayPal customer — adopted the option after PayPal introduced stablecoin payout capabilities earlier this year.
PYUSD, launched in August 2023 with Paxos as issuer, was designed to speed conversions, cross‑border transfers, subscriptions and vendor payments, and to enable near‑instant settlement inside PayPal’s ecosystem while limiting exposure to typical crypto volatility. The token has built momentum: Visa added PYUSD to its stablecoin settlement platform alongside Global Dollar (USDG) and Circle’s EURC, and CoinGecko lists PYUSD as the sixth‑largest stablecoin with roughly a $3.9 billion market cap.
Why it matters:
– Creators in the U.S. gain an additional payout option that can settle faster and avoid traditional banking delays.
– By routing payouts through PayPal’s enterprise rails, platforms can offer stablecoin disbursements without taking on crypto custody or operational complexity.
The rollout reflects a broader shift toward mainstream fintech adoption of regulated stablecoins for commercial payouts and settlement. As platforms test digital‑asset rails, partnerships that offload custody, compliance and regulatory work to established crypto‑enabled payment providers may accelerate wider use of stablecoins among businesses and creators.
By Vivian Nguyen
Dec. 12, 2025