US creators can now opt to receive earnings on YouTube in PayPal’s USD‑pegged stablecoin, PYUSD, Fortune reported. The move, confirmed by PayPal’s head of crypto May Zabaneh, uses PayPal’s enterprise payouts network so YouTube does not need to handle crypto directly. YouTube — already a PayPal customer — adopted the option after PayPal enabled stablecoin payout capabilities earlier this year.
Launched in August 2023 with Paxos as issuer, PYUSD was designed to speed conversions, cross‑border transfers, subscriptions and vendor payments, and to enable near‑instant settlement inside PayPal’s ecosystem while shielding users from typical crypto volatility. The token has gained traction: 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 US gain a new payout option that can settle faster and avoid banking delays.
– PayPal’s integration model lets platforms offer stablecoin payouts without touching crypto custody or operations.
The rollout reflects continued mainstream fintech adoption of regulated stablecoins for commercial payouts and settlement. As platforms experiment with digital‑asset rails, partnerships that offload custody and regulatory complexity to established crypto‑enabled payment providers may accelerate broader use among businesses and creators.
By Vivian Nguyen
Dec. 12, 2025
