YouTube Lets U.S. Creators Receive Payouts in PayPal’s PYUSD

  • YouTube now supports PYUSD payouts for U.S. creators through PayPal’s upgraded tools.
  • PayPal handles all crypto steps for YouTube, giving creators a seamless payout process.
  • The update reflects rising stablecoin adoption as significant tech firms expand crypto use.

YouTube now lets creators in the United States receive earnings in PayPal’s PYUSD stablecoin. The move expands crypto payment options on one of the world’s biggest creator platforms. PayPal confirmed the feature and said the rollout is active for U.S. users.

PayPal crypto head May Zabaneh said YouTube adopted the option after PayPal upgraded its payout tools. She explained that PayPal added stablecoin settlement earlier in the third quarter. The improvement allowed payment recipients to choose PYUSD instead of cash. YouTube then extended the option to creators who rely on the platform for revenue.

Zabaneh noted that PayPal handles every step of crypto. She said YouTube will keep its existing fiat process with no additional technical work. PayPal receives the payout request from YouTube in dollars. It then converts the funds into PYUSD for creators who opt in. The design simplifies YouTube while expanding payout flexibility for users.

YouTube already relies on PayPal’s mass payout service. The platform uses it to pay creators, gig workers, and contractors worldwide. The new flow works within that system. It adds a digital asset option without changing existing agreements between the companies.

The update arrives during rising interest in stablecoins across major tech firms. Silicon Valley continues to explore crypto tools as new regulations create more straightforward guidelines. YouTube’s addition of PYUSD signals growing confidence in regulated digital dollars. It also shows how large platforms test blockchain features without large infrastructure changes.

Big Tech Shows New Interest in Stablecoins

Stablecoins remain central to crypto markets. They track assets such as the U.S. dollar and support fast digital transactions. Companies across finance and technology are now exploring how to use them within global payment systems. Their role expanded over the past year after lawmakers approved a new framework for the assets. The change sparked fresh activity among major firms.

Google and its partners have already explored stablecoin transactions. Google Cloud previously accepted PYUSD from two customers. That experiment helped show how blockchain payments could fit into enterprise systems.

Fintech companies also increased activity around stablecoins. Stripe made a significant move in February when it acquired Bridge for $1.1 billion. The purchase expanded its stablecoin capabilities for global clients. The sector now sees more competition as firms add crypto-based payment functions.

Related: YouTube Clarifies Crypto and NFT Content Still Allowed

PayPal remains one of the earliest large companies to enter the crypto market. It let users buy and sell digital assets in 2020. It expanded the list of supported tokens over time. In 2023, the company launched PYUSD. The stablecoin now holds nearly $4 billion in market value. PayPal integrated PYUSD into its main wallet, its merchant tools, and its Venmo app. Users can send the token, hold it, or pay select merchants with it.

PayPal also plans to expand PYUSD’s use among small businesses. Executives said merchants will soon use the stablecoin to pay vendors. The company sees demand for faster settlement within business networks. PYUSD now works across several PayPal services and new partners.

YouTube’s addition of PYUSD creates another channel for stablecoin use. The option may attract creators who want faster conversions or direct access to digital dollars. The feature remains limited to U.S. users for now. PayPal did not share a timeline for global expansion.

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