PYUSD to USDT: Exchange PayPal USD for Tether (ERC20) Without KYC

Send PayPal USD (PYUSD, an ERC-20 token on Ethereum) and receive Tether (USDT, an ERC-20 token on Ethereum) in your own wallet, with no account and no KYC. Both are dollar stablecoins, so this swap mainly moves your dollars from Ethereum to Ethereum.

  • 10–25 min
  • No account · No KYC
  • Non-custodial
  • Fees included in quote
Crypto Exchange
Buy Crypto
PYUSD
PYUSD
USDT (ERC20)
USDT (ERC20)


⚠️ Enter the exact wallet you are sending from. Your funds must be sent from this address.

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PayPal USD Logo
PYUSD
PayPal USD
Price:
$0.9997
24h Change:
0.02%
Market Cap:
$2.90B
Volume (24h):
$43.26M
Circulating Supply:
2.90B PYUSD
Tether Ethereum Chain Logo
USDT (ERC20)
Tether (USDT) on Ethereum
Price:
$0.9992
24h Change:
0.00%
Market Cap:
$184.10B
Volume (24h):
$31.57B
Circulating Supply:
184.25B USDT (ERC20)

Data by CoinGecko

PYUSD to USDT (ERC20) Exchange Rate

1 PYUSD = 1.0006 USDT (ERC20)

The 1 PayPal USD to Tether (USDT) on Ethereum reference rate at market prices, before fees. The exact amount, minimum and maximum are shown in the exchange box before you send.

Live market rate

PYUSD to USDT swap at a glance

Everything that is specific to swapping PayPal USD to Tether on GhostSwap.

PayPal USD (PYUSD)You send · ERC-20 token on Ethereum
Tether (USDT)You receive · ERC-20 token on Ethereum

Both are dollar stablecoins, so this swap mainly moves your dollars from Ethereum to Ethereum. Both coins live on Ethereum, so you only need a little ETH to pay the deposit fee.

Swap time
10–25 minuntil your USDT is sent
Network fee
Paid in ETHkeep a little ETH too
Account / KYC
NoneNo sign-up, email or ID for standard swaps
Tracking
Live status pagePYUSD on Etherscan
Your USDT address
Ethereum addressIt starts with 0x followed by 40 hexadecimal characters. Wallets: MetaMask, Rabby or a Ledger.
Reference rate
1 PYUSD ≈ 1.0006 USDT1 USDT ≈ 0.999414 PYUSD · market prices, 10 Oct 2026
  1. Send PYUSDAbout 2–5 minutes to confirm on Ethereum
  2. GhostSwap swaps itAt the floating rate, fees already in the quote
  3. Receive USDTSent to your address; Ethereum confirms in about 2–5 minutes
Facts checked 10 Oct 2026Reverse: USDT to PYUSD

Going the other way? Swap USDT to PYUSD

Other ways to get Tether (ERC20) (USDT)

BTC to USDTETH to USDTUSDT TRC20 to USDTUSDC to USDTSOL to USDTLTC to USDTXMR to USDTZEC to USDTBNB to USDTXRP to USDTDOGE to USDTTRX to USDTQNT to USDTRAY to USDT

More PYUSD swaps

PYUSD to SUIPYUSD to USDT AVAXPYUSD to ETHPYUSD to USDT TRC20PYUSD to BNBPYUSD to BTCPYUSD to LTCPYUSD to XAUTPYUSD to SOLPYUSD to USDT BEP20PYUSD to USDT PolygonPYUSD to USDT SOL

PYUSD to USDT Live Price Chart

PYUSD/USDT (ERC20)

Loading chart...

Reference market prices, updated live

PYUSD

What is PayPal USD?

PayPal USD (PYUSD) is a stablecoin issued by PayPal, pegged 1:1 to the U.S. Dollar. It enables users to transact in a stable digital currency within the PayPal ecosystem and beyond. PYUSD aims to bridge traditional finance and cryptocurrencies, offering seamless transactions and interoperability.

USDT20

What is Tether (USDT) on Ethereum?

Tether on Ethereum (USDT ERC-20) is the most widely used stablecoin in cryptocurrency, pegged 1:1 to the US Dollar. USDT provides a stable store of value within the volatile crypto market, making it essential for traders who want to lock in profits or park funds without converting to fiat. As an ERC-20 token on Ethereum, USDT benefits from the broadest DeFi ecosystem support and the most exchange integrations of any stablecoin network. Note that Ethereum gas fees apply to ERC-20 USDT transfers.

PYUSD → USDT20

Why Swap PYUSD for USDT?

Converting PayPal USD to Tether (USDT) on Ethereum with GhostSwap moves your funds from PYUSD into USDT (ERC20) without KYC or account creation. PayPal USD is used for dollar-pegged payments issued by Paxos for PayPal. Tether (USDT) on Ethereum is used for stable-value transfers and trading.

One network

Both coins run on Ethereum.

About Tether (USDT) on Ethereum

Tether (USDT) on Ethereum is used for stable-value transfers and trading.

No KYC or exchange accounts

GhostSwap processes your PYUSD to USDT (ERC20) swap without sign-ups, identity verification, or personal data. Just a wallet address.

Exchange PYUSD for USDT (ERC20) on GhostSwap. Most swaps are paid out within 10–25 minutes after you send, with no registration and no verification for standard swaps.

PYUSD

Convert PayPal USD to Tether (USDT) on Ethereum

PYUSDUSDT (ERC20) at market price
25PYUSD25.0147USDT (ERC20)
50PYUSD50.0293USDT (ERC20)
100PYUSD100.0586USDT (ERC20)
250PYUSD250.1466USDT (ERC20)
500PYUSD500.2932USDT (ERC20)
1,000PYUSD1,000.59USDT (ERC20)
5,000PYUSD5,002.93USDT (ERC20)
10,000PYUSD10,005.86USDT (ERC20)

At market prices of $0.999746 per PYUSD and $0.999160 per USDT (ERC20) (10 Oct 2026), 500 PYUSD is worth about 500.2932 USDT (ERC20). Your exact amount, after network fees, is shown in the exchange box before you send.

USDT20

Convert Tether (USDT) on Ethereum to PayPal USD

USDT (ERC20)PYUSD at market price
25USDT (ERC20)24.9853PYUSD
50USDT (ERC20)49.9707PYUSD
100USDT (ERC20)99.9414PYUSD
250USDT (ERC20)249.8535PYUSD
500USDT (ERC20)499.7069PYUSD
1,000USDT (ERC20)999.4139PYUSD
5,000USDT (ERC20)4,997.07PYUSD
10,000USDT (ERC20)9,994.14PYUSD

Going the other way, 500 USDT (ERC20) is worth about 499.7069 PYUSD at the same prices.

How to Exchange PayPal USD to Tether (ERC20)

Line Vector
Select Crypto Currency

Select PYUSD and USDT

Pick PYUSD in “You send” and USDT in “You get”, then enter the amount. The box shows how much USDT you get and the minimum PYUSD for this pair.

Select Wallet Address
Line Vector

Enter Tether (ERC20) Address

Paste the Ethereum address that should receive the USDT (it starts with 0x followed by 40 hexadecimal characters). Then enter the Ethereum address you send PYUSD from; a refund, if ever needed, goes there.

Sent Crypto Currency
Line Vector

Send PayPal USD

Send exactly the amount shown from your own Ethereum wallet to the one-time deposit address. Keep a little ETH in that wallet for the network fee.

Receive Crypto

Receive Tether (ERC20)

Your USDT is usually paid out 10–25 minutes after you send your PYUSD, and Ethereum then confirms it in about 2–5 minutes. Follow each step on the status page with your swap ID.

Popular swap pairs

Explore the most popular crypto exchange pairs, including BTC to ETH, ETH to XRP, and DOGE to USDT.

BTC
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ETH
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SOL
ETH
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BTC
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XMR
ETH
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XMR
SOL
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XMR
XMR
to
USDT
USDT
to
XMR
XMR
to
BTC
BTC
to
ZEC
ETH
to
ZEC
SOL
to
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ZEC
to
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USDT
to
ZEC
ZEC
to
BTC
ETH
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XRP
BTC
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DOGE
DOGE
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BTC
to
LTC
SHIB
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PEPE
PEPE
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SHIB
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BONK
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USDT
WIF
to
USDT
POPCAT
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USDT
DOGE
to
SHIB

PYUSD to USDT: questions and answers

Everything you need to know about exchanging PYUSD to USDT (ERC20) on GhostSwap.

How long does it take to swap PYUSD to USDT on GhostSwap?
Most PYUSD to USDT swaps are paid out within 10–25 minutes: the PYUSD deposit needs about 2–5 minutes to confirm on Ethereum, then the USDT is sent to your wallet, and Ethereum confirms the payout in about 2–5 minutes. Busy networks can add a few minutes.
How much is 1 PYUSD in USDT?
1 PYUSD is worth about 1.0006 USDT at the market rate, before fees (market prices, 10 Oct 2026). GhostSwap's quote in the exchange box already includes the service fee and the USDT network fee. The rate floats with the market until your PYUSD deposit confirms, so the exchange box shows the exact amount before you send.
Do I need KYC or an account to exchange PYUSD to USDT?
No. GhostSwap has no accounts: you paste the Ethereum address that should receive the USDT, send PYUSD from your own wallet, and the USDT goes straight to that address. No email, phone number or ID upload.
What are the fees for converting PayPal USD to Tether (ERC20)?
The GhostSwap fee is already included in the rate in the exchange box, so the USDT amount you see is what you receive. On top of that, your wallet needs a little ETH to pay the Ethereum network fee for sending PYUSD.
What wallet should I use to receive USDT?
To receive Tether (ERC20) from your swap, we recommend using MetaMask, Rabby or a Ledger. Make sure your wallet supports the Ethereum (ERC-20) network before starting the exchange. Double-check your USDT address before confirming, cryptocurrency transactions cannot be reversed.
What format is the USDT address?
Use an Ethereum address: it starts with 0x followed by 40 hexadecimal characters. Copy it from your wallet and paste it; never type it by hand. Sending USDT to an address on another network can lose the coins.
Can I track my PYUSD to USDT swap?
Yes. After initiating your swap, GhostSwap provides a transaction status page where you can monitor progress in real-time. You can also track your PYUSD payment on Etherscan (https://etherscan.io).
Is it safe to exchange PYUSD for USDT on GhostSwap?
GhostSwap is non-custodial: there is no account balance holding your coins. Your PYUSD deposit is converted and the USDT is sent straight to the Ethereum address you enter, so check that address twice, Ethereum transfers cannot be reversed.
What happens if my PYUSD to USDT exchange fails?
If a swap cannot be completed, the PYUSD is refunded to the Ethereum address you entered as the sender address. If something looks stuck, contact support with your swap ID from the status page. Most problems come from sending a different amount than shown or using an address on the wrong network.

Swap PYUSD to other coins

PYUSD
to
BTC
PYUSD
to
ETH
PYUSD
to
SOL
PYUSD
to
BNB
PYUSD
to
XRP
PYUSD
to
ADA
PYUSD
to
DOGE
PYUSD
to
TRX
PYUSD
to
LINK
PYUSD
to
USDC
PYUSD
to
USDT
PYUSD
to
USDT TRC20
PYUSD
to
USDC BEP20
PYUSD
to
USDC SOL
PYUSD
to
USDT BEP20
PYUSD
to
USDT SOL
PYUSD
to
USDT AVAX
PYUSD
to
USDT Polygon
PYUSD
to
FDUSD
PYUSD
to
XMR
PYUSD
to
ZEC
PYUSD
to
DASH
PYUSD
to
SHIB
PYUSD
to
AVAX
PYUSD
to
SUI
PYUSD
to
PEPE
PYUSD
to
BCH
PYUSD
to
DOT
PYUSD
to
LTC
PYUSD
to
UNI
PYUSD
to
CRO
PYUSD
to
XLM
PYUSD
to
ICP
PYUSD
to
WIF
PYUSD
to
ETC
PYUSD
to
POL
PYUSD
to
ATOM
PYUSD
to
NEAR BEP20
PYUSD
to
NEAR
PYUSD
to
APT
PYUSD
to
ARB
PYUSD
to
OP
PYUSD
to
FIL
PYUSD
to
ALGO
PYUSD
to
BONK
PYUSD
to
INJ
PYUSD
to
VET
PYUSD
to
HBAR
PYUSD
to
KAS
PYUSD
to
ZRX
PYUSD
to
AAVE
PYUSD
to
APE
PYUSD
to
BABYDOGE
PYUSD
to
BEAMX
PYUSD
to
BOME
PYUSD
to
BRETT
PYUSD
to
BTT
PYUSD
to
DEGEN
PYUSD
to
DRIFT
PYUSD
to
ELON
PYUSD
to
FLOKI
PYUSD
to
IMX
PYUSD
to
JUP
PYUSD
to
MEW
PYUSD
to
NOT
PYUSD
to
ORCA
PYUSD
to
PONKE
PYUSD
to
POPCAT
PYUSD
to
RAY
PYUSD
to
RENDER
PYUSD
to
SAND
PYUSD
to
SUNDOG
PYUSD
to
TAO
PYUSD
to
THETA
PYUSD
to
TIA