PayPal launches PYUSD — Stablecoin Event

Identity and classification

Overview

Date, taxonomy, impact, recovery, mechanism, confidence, and evidence remain separate.

Date	2023-08-07
Public event category	Launch and introduction
Canonical event subtype	Launch
Structured detail kind	Migration
Stablecoin subjects	PayPal USD
Organization subjects	Paxos
Impact	High
Effect on stablecoin lifecycle	No lifecycle change
Canonical status-effect value	No recorded change
Recovery or reversal	Not applicable
Recovery date	Not Applicable
Cause or mechanism	PYUSD product launch context.
Structured detail coverage	Structured fields available below
Record confidence	Medium

Affected records

Stablecoin and organization subjects remain separate record groups.

Stablecoin subject

Open the stablecoin dossier for current state, organizations, deployments, evidence, and unknowns.

Organization subject

Open the organization record for roles, relationships, events, evidence, and unknowns.

Typed record

Event-type-specific facts remain visible with explicit value states.

Structured event detail

Migration detail — Summary	PYUSD product launch context.

Provenance

Source identity, publisher, publication date, reliability, archive, and relation count remain separate.

1 source identity · 4 evidence relations
Source	Publisher	Source category	Provenance	Primary or secondary	Supported claims	Archive	Reliability
PayPal USD official product page Published Not yet recorded	PayPal	Official statement or announcement Canonical: Issuer Statement	Subject-controlled source	Primary source	Entity Redemption, PYUSD overview, PayPal app availability, redemption or conversion framing, and product context, Pyusd Product and Launch Context, Pyusd Chain Expansion Context	No archive recorded	Medium

Maintenance

Use the documented correction path and methodology.