Skip to main content
Organisation

PayPal

3 placements on ChainChoice under PayPal, each scored against its own category's pool and criteria — #1 in one of them. The placements are not averaged and not ranked against each other: a #1 exchange and a #6 crypto card are two different products in two different markets.

Stablecoins
PayPal USD (PYUSD)
Rank#1 OverallScore79

Leads the published order

View verdict
Stablecoin Yield
PayPal PYUSD Rewards
Rank#2 OverallScore67

#1 in this category: Spiko (USTBL / EUTBL)

View verdict
Simple Buy
PayPal Crypto
Rank#11 OverallScore41

#1 in this category: Strike

View verdict
Stablecoins
How you can lose money here, and what the ranking scores
  • Control failure (PayPal USD (PYUSD) 6/10): a key or vote changes the rules, freezes or mints.
    Scored by Who can freeze, burn or replace your balance — and have they? · 18%
  • Insolvency failure: the firm or issuer that owes you cannot pay.
    Scored by Who exactly owes you the dollar, and where do you rank when they fail? · 30% (PayPal USD (PYUSD) 7/10)
    Scored by What is really behind it, and what did the third party actually opine on? · 24% (PayPal USD (PYUSD) 4/10)
  • Exit failure (PayPal USD (PYUSD) 8/10): you cannot get out at par, on time, or with what is yours.
    Scored by Can the person actually holding it get a dollar back at par — and has anyone, at size? · 28%
Not assessed by this ranking: Contract failure, Custody failure, Regulatory failure, Information failure. A high place says nothing about these; the Methodology tab says what each means.
Stablecoin Yield
How you can lose money here, and what the ranking scores
  • Insolvency failure (PayPal PYUSD Rewards 2/10): the firm or issuer that owes you cannot pay.
    Scored by What actually pays the yield · 30%
  • Regulatory failure (PayPal PYUSD Rewards 7/10): no licence where you are, or a forced market exit.
    Scored by Access reality · 24%
  • Exit failure (PayPal PYUSD Rewards 6/10): you cannot get out at par, on time, or with what is yours.
    Scored by Redemption & claim quality · 26%
Not assessed by this ranking: Contract failure, Control failure, Liveness failure, Custody failure, Execution failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: Conditions on the headline rate (20%).
Simple Buy
How you can lose money here, and what the ranking scores
  • Custody failure (PayPal Crypto 6/10): whoever holds the assets loses or withholds them.
    Scored by Custody & regulatory posture · 20%
  • Exit failure (PayPal Crypto 4/10): you cannot get out at par, on time, or with what is yours.
    Scored by Withdrawal to self-custody · 26%
Not assessed by this ranking: Control failure, Liveness failure, Insolvency failure, Regulatory failure, Execution failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: All-in cost of the purchase (32%), Availability & onboarding friction (22%).