YouTube Enables PayPal Stablecoin Payments for Content Creators

YouTube has enabled PayPal stablecoin (PYSUD) payments to US-based content creators. PayPal’s head of crypto, May Zabaneh, confirmed the arrangement to Fortune on Friday.

YouTube will not be handling crypto and will let PayPal do the work on its behalf, added Zabaneh.

“The beauty of what we’ve built is that YouTube doesn’t have to touch crypto, and so we can help take away that complexity,”

Google also confirmed the move to the outlet but did not elaborate with further details.

paypal’s pyusd, issued by @Paxos, now available for youtube creator payouts pic.twitter.com/MYFK3KQSes

— Mike Dudas (@mdudas) December 12, 2025

Stablecoin Payment Landscape Growing

YouTube already uses PayPal services to help large enterprises pay gig workers and contractors, it stated.

“The creator economy is worth over $250 billion and growing fast. Routing even a fraction of that through stablecoins changes everything,” commented ‘ChainIsle’.

Earlier this year, PayPal added the capability for payment recipients to receive their pay in PYUSD, the centralized stablecoin it launched in 2023.

PYUSD has grown since then to become the world’s sixth-largest stablecoin with a market capitalization of $3.9 billion. Its supply is more than a billion dollars, more than the Trump family’s World Liberty Finance stablecoin, USD1.

The fintech firm has been integrating the stablecoin across its products, including Venmo, merchant payments, and vendor payouts. Google Cloud has also previously accepted PYUSD payments from customers. In July, PayPal launched “Pay with Crypto,” allowing merchants to accept payments in over 100 cryptocurrencies with automatic conversion to stablecoins or fiat currency.

PayPal also rolled out peer-to-peer crypto transfers in September, allowing users to send Bitcoin, Ethereum, and PYUSD to friends, family, and external wallets using shareable links.

Stablecoin Ecosystem Outlook

The total market capitalization for stablecoins is at record highs of over $300 billion, according to crypto analytics platforms.

It represents around 10% of the entire crypto market capitalization, according to CoinGecko, and there has been huge growth in 2025, following the passage of the GENIUS Act in the US.

Tether remains the dominant industry player with 60% market share, while PayPal’s PYUSD is just 1.2% despite recent growth.

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