# PayPal USD to Tezos (PYUSD to XTZ) — no-KYC swap on GhostSwap

> Send PayPal USD (PYUSD, an ERC-20 token on Ethereum) and receive Tezos (XTZ) in your own wallet, with no account and no KYC. It turns a dollar balance into Tezos in one step. Most PYUSD to XTZ swaps finish in 10–25 minutes.

Swap page: https://ghostswap.io/exchange/pyusd-xtz/
Updated: 2026-10-01

## At a glance

| | |
|---|---|
| You send | PayPal USD (PYUSD), ERC-20 token on Ethereum |
| You receive | Tezos (XTZ) |
| Your XTZ address | Tezos address that starts with tz1, tz2 or tz3. Wallets: Temple or Kukai |
| Deposit network fee | Paid in ETH, so keep a little ETH next to your PYUSD |
| Deposit confirmation | About 2–5 minutes on Ethereum |
| XTZ payout | Sent to your address as soon as the swap completes; Tezos confirms it in a few minutes |
| Typical swap time | 10–25 minutes until your XTZ is sent |
| Reference rate | 1 PYUSD ≈ 3.1111 XTZ · 1 XTZ ≈ 0.321429 PYUSD (market prices, 2 Oct 2026) |
| Limits | The exact minimum and maximum PYUSD amounts are shown live in the exchange box |
| Account / KYC | None for standard swaps: no sign-up, no email, no ID |
| Tracking | Status page with your swap ID; PYUSD on Etherscan; XTZ on TzKT |
| Reverse swap | [XTZ to PYUSD](https://ghostswap.io/exchange/xtz-pyusd/) |

## How to swap PYUSD to XTZ

1. Open https://ghostswap.io/exchange/pyusd-xtz/ and enter the amount of PYUSD to send.
2. Paste the XTZ address that should receive the coins.
3. Enter the PYUSD address you are sending from, then confirm.
4. Send the PYUSD to the one-time deposit address shown.
5. Receive XTZ in your wallet and follow the status page with your swap ID.

## FAQ

### How long does it take to swap PYUSD to XTZ on GhostSwap?

Most PYUSD to XTZ swaps finish in 10–25 minutes. Your PYUSD deposit needs about 2–5 minutes to confirm on Ethereum; after that the XTZ is sent to your wallet and Tezos confirms it in a few minutes. Busy networks can add a few minutes.

### Do I need KYC or an account to exchange PYUSD to XTZ?

No. GhostSwap has no accounts: you paste the Tezos address that should receive the XTZ, send PYUSD from your own wallet, and the XTZ goes straight to that address. No email, phone number or ID upload.

### What are the fees for converting PayPal USD to Tezos?

The GhostSwap fee is already included in the rate in the exchange box, so the XTZ 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 XTZ?

To receive Tezos from your swap, we recommend using Temple or Kukai. Make sure your wallet supports the Tezos network before starting the exchange. Double-check your XTZ address before confirming — cryptocurrency transactions cannot be reversed.

### What format is the XTZ address?

Use a Tezos address: it starts with tz1, tz2 or tz3. Copy it from your wallet and paste it; never type it by hand.

### Can I track my PYUSD to XTZ 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) and your incoming XTZ on TzKT (https://tzkt.io).

### Is it safe to exchange PYUSD for XTZ on GhostSwap?

GhostSwap is non-custodial: there is no account balance holding your coins. Your PYUSD deposit is converted and the XTZ is sent straight to the Tezos address you enter, so check that address twice — Tezos transfers cannot be reversed.

### Why swap PYUSD to XTZ?

Converting PayPal USD to Tezos allows you to move from a stable, dollar-pegged asset into Tezos for transfers on Tezos. Using GhostSwap means you can enter a XTZ position privately, without signing up for a centralized exchange or completing KYC verification.

### What happens if my PYUSD to XTZ 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.

## Related

- [Reverse: XTZ to PYUSD](https://ghostswap.io/exchange/xtz-pyusd/)
- [All GhostSwap pairs](https://ghostswap.io/exchange/)
- [How to exchange](https://ghostswap.io/how-to-exchange/)
- [Site guide for AI assistants](https://ghostswap.io/llms.txt)