PYUSD Feels Like Fiat 2.0 — Useful, But Is It Really “Crypto”?

Jenny

Well-known member
I get that PYUSD is PayPal’s move into stablecoins — and for merchant adoption, it probably makes sense.

But when I use it, it feels like this:

✅ Faster USD
❌ Not your keys
❌ Not DeFi-friendly
❌ Limited wallets
Has anyone found a real use case for PYUSD beyond converting PayPal balances into something less useless?

Genuinely curious if anyone’s found ways to bridge it into crypto-native protocols, or if it’s just for off-chain settlements and Web2 fintech goals.
 
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