stablecoin collateral asset
PYUSD
PayPal USD is tracked as collateral exposure with issuer, redemption, deployment, and dependency assumptions separated from protocol-level findings.
under reviewmedium
Exposure
$310.0M
Mapped usage across reviewed markets.
Deployments
1
Ethereum
Controls
4
Issuer, admin, wrapper, and redemption controls.
Market usage
0
Protocol markets referencing this asset.
Asset facts
Typed fields that define the asset risk surface.
NamePayPal USD
IssuerPaxos / PayPal
Typestablecoin
Canonical chainEthereum
BackingFiat-backed stablecoin issued under centralized controls.
RedemptionIssuer-mediated redemption through supported PayPal and Paxos venues.
Review statusunder review
Deployments
Canonical chain and cross-chain deployment footprint.
| Chain | Role | Settlement | L2 stage |
|---|---|---|---|
| Ethereum | canonical | Ethereum L1 | Not applicable |
Protocol market exposure
Markets where this asset is accepted as collateral.
No protocol markets use this asset
Collateral usage will appear once protocol markets reference this asset id.
Collateral usage will appear once protocol markets reference this asset id.
Risk findings
Asset-level assumptions with explicit evidence and outcome text.
| Severity | Dimension | Finding | Outcome | Evidence | Sources |
|---|---|---|---|---|---|
| medium | asset issuer | Centralized issuer controls | Funds can be frozen. | PYUSD inherits issuer mint, burn, and compliance controls. |
Dependency edges
Issuer, wrapper, backing, bridge, oracle, and protocol paths touching this asset.
Blast radius
Highest-severity mapped paths that could propagate asset risk.