Bridging Dollars and DeFi with PYUSD

Nest PYUSD offers exposure to PayPal USD (PYUSD), a U.S. dollar-pegged stablecoin launched by PayPal designed for seamless digital payments and bridging traditional finance with DeFi. Issued by Paxos Trust Company and fully backed by U.S. dollar deposits, short-term Treasuries, and cash equivalents, PYUSD maintains a stable 1:1 value with the dollar, making it ideal for transactions without the volatility of typical cryptocurrencies. PYUSD is officially regulated by the New York State Department of Financial Services.

Live

This vault is live and users earn yield from underlying assets.

Eligibility

Individuals outside of the US, OFAC compliant countries

Rewards

Unlock eligibility for future Plume and Nest rewards by having an active deposit.