YouTube has allowed U.S. content creators to receive payments in PayPal’s (PYPL) stablecoin PYUSD, as reported by Fortune, citing PayPal’s crypto head, May Zabaneh.
“The beauty of our system is that YouTube remains uninvolved with crypto, allowing us to handle the complexities,” Zabaneh explained. She mentioned that PayPal rolled out the PYUSD payout feature for recipients in Q3 of 2025, with YouTube opting to make it available only to U.S. creators.
This initiative underscores how leading tech platforms, like Apple, Airbnb, and X, are increasingly looking into stablecoins as a payout method, helping companies avoid direct engagement with digital assets. YouTube’s usage of PYUSD, part of Google (GOOG), exemplifies PayPal’s stablecoin being utilized for creator monetization, extending its functionality beyond backend payments to consumer income streams.
Launched in August 2023 by stablecoin infrastructure provider Paxos, PYUSD was designed for easy conversions, cross-border transactions, subscriptions, vendor payments, and fast settlement in PayPal’s ecosystem, focusing on daily commerce while minimizing banking delays and volatility risks.
The stablecoin has gained traction, receiving backing on Visa’s stablecoin settlement platform alongside and Circle’s EURC. PYUSD is now the sixth-largest stablecoin, boasting a market cap of $3.9 billion, according to CoinGecko.
PayPal and Google have yet to respond to CoinDesk’s request for comments.
