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YouTube Rolls Out PYUSD Stablecoin Payouts for US Creators

Key Takeaways

  • YouTube now allows US-based creators to receive payments using PayPal’s stablecoin, PYUSD, instead of only traditional methods;
  • The feature, confirmed by PayPal’s crypto head May Zabaneh, simplifies payouts by keeping YouTube separate from direct crypto handling;
  • PYUSD, launched in 2023, has grown from $500 million to $3.9 billion in value, which reflects the growing use of stablecoins in payments.

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YouTube Rolls Out PYUSD Stablecoin Payouts for US Creators

YouTube has started letting creators in the United States receive their payments in PayPal’s stablecoin, PYUSD.

This update provides users with another way to collect earnings besides traditional payout options.

According to a report from Fortune on December 11, May Zabaneh, PayPal’s head of crypto, confirmed that the feature is already active but limited to US users for now.

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PayPal had previously added support for PYUSD payouts earlier this year, and YouTube has now decided to extend that option to its creators.

Zabaneh explained that the process is designed to keep YouTube from dealing directly with cryptocurrencies. She said:

The beauty of what we’ve built is that YouTube doesn’t have to touch crypto and so we can help take away that complexity.

PayPal and YouTube already share a long history. For years, users have been able to make payments through PayPal and receive AdSense payouts using the same platform. Adding PYUSD to the list continues that partnership in a digital form.

PYUSD was launched in mid-2023 and has grown quickly since then. The stablecoin currently holds a market value of about $3.9 billion, up from around $500 million at the start of the year.

Sony Bank plans to launch a US dollar–pegged stablecoin in 2026 for PlayStation and other Sony services in the US. What did the company say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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