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File S7-2026-27/Issue 0042/38 days left

Asset profile

PYUSD

PayPal USD

USD-referenced token (NYDFS trust-issued)

Strong coverage

USD token issued by Paxos Trust Company and distributed under the PayPal brand. The issuer in the RCA file is the trust company, not PayPal.

Rights
As in Paxos / PYUSD terms. PayPal user terms may add a platform layer; they do not rewrite the instrument.
Custody & safeguarding
Trust-company safeguarding under NYDFS supervision as described in public materials.
Transfer restrictions
Platform redemption paths (PayPal / Venmo) are distinct from on-chain transfer.

What this proves

This profile restates public documents about the instrument as of the cited review dates.

What it does not prove

It does not rank the asset, estimate depeg risk, or advise anyone to hold, redeem or use the token.

RCA publishes source-linked intelligence for professionals. Nothing here is a token-buying call, a legal opinion, or an “approved / safe / regulated” badge. Every material claim is dated. Incomplete files stay incomplete.