PYUSDvsUSDGO
PayPal USD vs USDGO — side-by-side comparison of supply, chains, backing, and peg data.
Side-by-side
PYUSD — PayPal USD
USDGO — USDGO
30-day peg stability dotted line = target · both charts share one scale
What the last 30 days show
Over the last 30 days PYUSD supply moved -2.4% and USDGO +33.1% — USDGO grew faster. USDGO held the tighter band: worst deviation 2 bps against 5 bps.
Key differences
- PYUSD is roughly 2.4× larger than USDGO by USD circulation value ($2.78B vs $1.14B).
- PYUSD ranks #9 while USDGO ranks #16 among all tracked stablecoins.
- Both are pegged to the same currency (USD), so they compete directly for the same use cases.
- Both are fiat-backed stablecoins, so the mechanism is not what separates them.
- Reserves differ — PYUSD holds cash & t-bills (paypal), USDGO holds usd reserves.
- PYUSD is deployed on 19 chains — much broader coverage than USDGO's 1.
- Primary chain differs — most PYUSD supply lives on Ethereum, while most USDGO supply is on Solana.
Full comparison table
| Metric | PYUSD | USDGO |
|---|---|---|
| USD circulation value | $2.78B | $1.14B |
| Rank (by USD value) | #9 | #16 |
| Peg | USD | USD |
| Mechanism | fiat-backed | fiat-backed |
| Backing | Cash & T-bills (PayPal) | USD reserves |
| Chains deployed | 19 | 1 |
| Primary chain | Ethereum | Solana |
| Issuer | Paxos Trust Company (for PayPal) | — |
| CoinGecko | View → | View → |
Frequently Asked Questions
What's the main difference between PYUSD and USDGO?
Both track USD, so they compete for the same use cases. PYUSD holds cash & t-bills (paypal); USDGO holds usd reserves. PYUSD ranks #9 by USD value and USDGO ranks #16.
Which is bigger, PYUSD or USDGO?
PYUSD is larger, with $2.78B in circulation vs $1.14B for USDGO. That's roughly 2.4× the size.
Is PYUSD safer than USDGO?
Neither is inherently safer. Safety turns on reserve composition, issuer transparency, redemption rights and regulatory oversight — none of which this page audits. Both use a fiat-backed model, so the difference sits in the issuer and the reserves rather than the design. Read each issuer's most recent reserve attestation before choosing.
Can I convert between PYUSD and USDGO?
Yes. PYUSD and USDGO both trade on major centralized and decentralized exchanges. Since both track USD, the exchange rate is typically very close to 1:1. Direct swap protocols on Ethereum, Solana, and other chains offer the tightest spreads.
Should I choose PYUSD or USDGO?
The right choice depends on your use case. Consider: which chain do you need? PYUSD is available on 19 chains and USDGO on 1. What backing do you prefer? What's your integration surface (exchanges, DeFi protocols, payment providers)? Both have deep liquidity, so market cap alone shouldn't decide it.