YouTube enabled American content creators to receive their earnings in PayPal’s (PYPL) stablecoin PYUSD, according to a report by Fortune, which cited PayPal’s head of crypto May Zabaneh.
“The beauty of what we’ve built is that YouTube doesn’t have to touch crypto, so we can help remove that complexity,” Zabaneh said. She added that PayPal introduced the PYUSD payout option for payees in the third quarter of 2025, with YouTube choosing to extend it only to US creators.
The move highlights how major tech platforms including Apple, Airbnb and X are increasingly exploring stablecoins as payout rails, allowing companies to avoid directly handling digital assets. The use of PYUSD by YouTube, which is part of Google (GOOG), marks one of the most prominent examples of PayPal’s stablecoin being used for creator monetization, expanding its role beyond backend payments to consumer-facing income streams.
Unveiled in August 2023 and issued by stablecoin infrastructure firm Paxos, PYUSD is designed for seamless conversions, cross-border transfers, subscriptions, vendor payments and near-instant settlement within the PayPal ecosystem, with an emphasis on daily trading and reducing bank delays and volatility risks.
The stablecoin has since gained traction and earned support on Visa’s stablecoin settlement platform alongside and Circle’s EURC. PYUSD is now the sixth largest stablecoin with a market cap of $3.9 billion, according to data tracked by CoinGecko.
PayPal and Google did not immediately respond to CoinDesk’s request for comment.
