PayPal USD PYUSD

Ethereum EcosystemStablecoinsUSD StablecoinSolana EcosystemArbitrum EcosystemStarknet EcosystemStellar EcosystemFiat-backed StablecoinMade in USA

PayPal USD leads in market ecosystem and team governance, with economic models remaining the main focus and currently holding a D- rating.

Rating updated 2026-07-28
D-23.81 / 100

Sector Rank #735 · Global Rank #1430

Roadmap Delivery37.5F
Technical Implementation----
Tokenomics0F
Team Governance45.57F
Market Ecosystem53.63E
Security & Compliance0F
01

Overall Rating

D- · 23.81 / 100
Roadmap Delivery
37.5
Tokenomics
0
Team Governance
45.57
Market Ecosystem
53.63
Security & Compliance
0
Overall Score
23.81

PayPal USD has an overall rating D-f D (total 23.81), ranking high in market ecosystem, team governance, and roadmap delivery across six dimensions. The main point of deduction is the economic model (0 points) — mainly affected by chip concentration (0 points) and short- to medium-term selling pressure (0 points).

The rating team concluded: "PayPal USD has relative advantages in market ecosystem, team governance, and roadmap delivery, with current weaknesses concentrated in its economic model. " It is recommended to observe cautiously and not use it as a core configuration basis for now.

02

Six-Dimension Rating Breakdown

Roadmap Delivery

25/100

Roadmap On Time Delivery Rate?Lack of public data and neutral judgments based on project context.Weight 35%Insufficient data · 50 / 100

Last 4 upgrades achieved?Recent development activity trends are zero, with no significant upgrades.Weight 30%No recent upgrades · 0 / 100

Milestones to Deliver?No public pending delivery milestones were found.Weight 20%No public milestones · 0 / 100

History Extension Record?Lack of historical delay records and a neutral judgment.Weight 15%Insufficient data · 50 / 100

Technical Implementation

57/100

Consensus Mechanism?Stablecoins rely on the underlying public chain consensus, which matures the underlying chain.Weight 30%Depends on the underlying chain · 70 / 100

Main network years of operation?The main network operation time of the project is relatively short.Weight 15%About 1.5 years · 30 / 100

Recent upgrades?Stablecoins themselves have no independent upgrades and rely on the underlying chain.Weight 35%No independent upgrades · 50 / 100

Client Diversity?Stablecoins themselves have no client and rely on the diversity of underlying chains.Weight 20%Depends on the underlying chain · 70 / 100

Tokenomics

12.5/100

Deflationary Mechanism?Stablecoins typically do not have deflationary mechanisms.Weight 30%&None · 0 / 100

Inflation rate?Stablecoin supply is adjusted as needed to maintain peging.Weight 25%Minting/destroying as needed · 50 / 100

Staking rate/position lock-up rate?Stablecoins typically do not offer staking or locking.Weight 25%No staking/lock-up · 0 / 100

Supply Upper Limit?There is no fixed limit on the stablecoin supply, adjusted as needed.Weight 20%No fixed upper limit · 0 / 100

Team Governance

38/100

Core Development Team?The team has a strong background, but limited specific information about the crypto field.Weight 30%PayPal internal team · 60 / 100

Governance mechanisms?The project is centrally controlled by PayPal.Weight 25%Centralized Governance · 10 / 100

Financial Transparency?As a publicly listed company, PayPal has high financial transparency.Weight 25%Transparency at the company level · 70 / 100

Concentration of key people?The top ten crypto-holding addresses account for a very high proportion and pose concentration risks.Weight 20%Highly concentrated · 0 / 100

Market Ecosystem

62.75/100

Active Address?Daily active address data shows moderate activity.Weight 30%Activity level is moderate · 72.5 / 100

Ecological chain/L2 quantity?It has been deployed on multiple mainstream public blockchains, with broad ecosystem coverage.Weight 25%4. Chains · 80 / 100

DeFi TVL?There is considerable TVL on Arbitrum, but it is not exclusive to PYUSD.Weight 25%Approximately $3.79 billion (Arbitrum) · 60 / 100

Developer community?Lack of independent developer communities, reliance on parent companies and underlying chains.Weight 20%Relies on PayPal and its underlying chain · 30 / 100

Security & Compliance

64/100

Historical Major Failure?So far, no major security incidents have occurred.Weight 25%&None · 100 / 100

Regulatory Attitude?PayPal is a regulated entity, and stablecoins are under regulatory scrutiny.Weight 30%Rather friendly · 80 / 100

Sec Attitude?The security nature of stablecoins remains subject to regulatory controversy.Weight 30%called “correct sequence of measures”. · 50 / 100

Client Bug Frequency?The contract operates under a proxy model and carries backdoor code risks.Weight 15%Backdoor code exists · 0 / 100

04

D- Peer Comparison

Export CSV
PayPal USDD- · 23.81RogueD- · 26.66GaiAID- · 26.65Artificial Superintelligence AllianceD- · 26.64
Overall Score23.8126.6626.6526.64
Roadmap Delivery37.537.537.537.5
Technical Implementation--------
Tokenomics0000
Team Governance45.57305670.72
Market Ecosystem53.639.6359.9851.84
Security & Compliance051.7500

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