> open event/sog_ev_pyusd_2023_08_launch
PayPal launches PYUSD
PayPal launched PayPal USD, issued by Paxos. SOG records this as launch, issuer, reserve-report, and app-access context for PYUSD.
Impacthigh
Sources1
PayPal USD
Open the stablecoin dossier connected to this event.
Paxos
Open the issuer or protocol file linked to this event.
Depeg guide
Understand how SOG separates depeg events, recovered events, and failed outcomes.
| Date | 2023-08-07 |
|---|---|
| Type | launch |
| Stablecoin | PayPal USD (PYUSD) |
| Issuer | Paxos |
| Impact | high |
| Status effect | none |
| Recovered | — |
| Recovery date | — |
| Failure / mechanism | product_launch |
| Confidence | medium |
| Sources | 1 |
| Source | Publisher | Type |
|---|---|---|
| PayPal USD official page | PayPal | issuer_or_product_page |
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