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

Send Tether (USDT, an ERC-20 token on Ethereum) and receive PayPal USD (PYUSD, 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
USDT (ERC20)
USDT (ERC20)
PYUSD
PYUSD


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

By clicking Confirm exchange, you agree to the Privacy Policy & Terms of Service.

Tether Ethereum Chain Logo
USDT (ERC20)
Tether (USDT) on Ethereum
Price:
$0.9991
24h Change:
-0.01%
Market Cap:
$184.09B
Volume (24h):
$29.53B
Circulating Supply:
184.25B USDT (ERC20)
PayPal USD Logo
PYUSD
PayPal USD
Price:
$0.9996
24h Change:
0.00%
Market Cap:
$2.91B
Volume (24h):
$22.68M
Circulating Supply:
2.91B PYUSD

Data by CoinGecko

USDT (ERC20) to PYUSD Exchange Rate

1 USDT (ERC20) = 0.999502 PYUSD

The 1 Tether (USDT) on Ethereum to PayPal USD 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

USDT to PYUSD swap at a glance

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

Tether (USDT)You send · ERC-20 token on Ethereum
PayPal USD (PYUSD)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 PYUSD 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 pageUSDT on Etherscan
Your PYUSD address
Ethereum addressIt starts with 0x followed by 40 hexadecimal characters. Wallets: MetaMask, Rabby or a Ledger.
Reference rate
1 USDT ≈ 0.999502 PYUSD1 PYUSD ≈ 1.0005 USDT · market prices, 11 Oct 2026
  1. Send USDTAbout 2–5 minutes to confirm on Ethereum
  2. GhostSwap swaps itAt the floating rate, fees already in the quote
  3. Receive PYUSDSent to your address; Ethereum confirms in about 2–5 minutes
Facts checked 11 Oct 2026Reverse: PYUSD to USDT

Going the other way? Swap PYUSD to USDT

Other ways to get PayPal USD (PYUSD)

BTC to PYUSDETH to PYUSDUSDT TRC20 to PYUSDUSDC to PYUSDSOL to PYUSDLTC to PYUSDXMR to PYUSDZEC to PYUSDBNB to PYUSDXRP to PYUSDDOGE to PYUSDTRX to PYUSDUSDT AVAX to PYUSDUSDT BEP20 to PYUSD

More USDT swaps

USDT to XMRUSDT to BTCUSDT to ZECUSDT to ARBUSDT to SOLUSDT to DOTUSDT to LTCUSDT to USDT SOLUSDT to IMXUSDT to XLMUSDT to QNTUSDT to RAY

USDT to PYUSD Live Price Chart

USDT (ERC20)/PYUSD

Loading chart...

Reference market prices, updated live

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

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 → PYUSD

Why Swap USDT for PYUSD?

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

One network

Both coins run on Ethereum.

About PayPal USD

PayPal USD is used for dollar-pegged payments issued by Paxos for PayPal.

No KYC or exchange accounts

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

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

USDT20

Convert Tether (USDT) on Ethereum to PayPal USD

USDT (ERC20)PYUSD at market price
25USDT (ERC20)24.9875PYUSD
50USDT (ERC20)49.9751PYUSD
100USDT (ERC20)99.9502PYUSD
250USDT (ERC20)249.8755PYUSD
500USDT (ERC20)499.7509PYUSD
1,000USDT (ERC20)999.5018PYUSD
5,000USDT (ERC20)4,997.51PYUSD
10,000USDT (ERC20)9,995.02PYUSD

At market prices of $0.999114 per USDT (ERC20) and $0.999612 per PYUSD (11 Oct 2026), 500 USDT (ERC20) is worth about 499.7509 PYUSD. Your exact amount, after network fees, is shown in the exchange box before you send.

PYUSD

Convert PayPal USD to Tether (USDT) on Ethereum

PYUSDUSDT (ERC20) at market price
25PYUSD25.0125USDT (ERC20)
50PYUSD50.0249USDT (ERC20)
100PYUSD100.0498USDT (ERC20)
250PYUSD250.1246USDT (ERC20)
500PYUSD500.2492USDT (ERC20)
1,000PYUSD1,000.50USDT (ERC20)
5,000PYUSD5,002.49USDT (ERC20)
10,000PYUSD10,004.98USDT (ERC20)

Going the other way, 500 PYUSD is worth about 500.2492 USDT (ERC20) at the same prices.

How to Exchange Tether (ERC20) to PayPal USD

Line Vector
Select Crypto Currency

Select USDT and PYUSD

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

Select Wallet Address
Line Vector

Enter PayPal USD Address

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

Sent Crypto Currency
Line Vector

Send Tether (ERC20)

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 PayPal USD

Your PYUSD is usually paid out 10–25 minutes after you send your USDT, 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
to
ETH
ETH
to
BTC
BTC
to
SOL
ETH
to
SOL
BTC
to
XMR
ETH
to
XMR
SOL
to
XMR
XMR
to
USDT
USDT
to
XMR
XMR
to
BTC
BTC
to
ZEC
ETH
to
ZEC
SOL
to
ZEC
ZEC
to
USDT
USDT
to
ZEC
ZEC
to
BTC
ETH
to
XRP
BTC
to
DOGE
DOGE
to
USDT
BTC
to
LTC
SHIB
to
PEPE
PEPE
to
USDT
SHIB
to
USDT
BONK
to
USDT
WIF
to
USDT
POPCAT
to
USDT
DOGE
to
SHIB

USDT to PYUSD: questions and answers

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

How long does it take to swap USDT to PYUSD on GhostSwap?
Most USDT to PYUSD swaps are paid out within 10–25 minutes: the USDT deposit needs about 2–5 minutes to confirm on Ethereum, then the PYUSD 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 USDT in PYUSD?
1 USDT is worth about 0.999502 PYUSD at the market rate, before fees (market prices, 11 Oct 2026). GhostSwap's quote in the exchange box already includes the service fee and the PYUSD network fee. The rate floats with the market until your USDT deposit confirms, so the exchange box shows the exact amount before you send.
Do I need KYC or an account to exchange USDT to PYUSD?
No. GhostSwap has no accounts: you paste the Ethereum address that should receive the PYUSD, send USDT from your own wallet, and the PYUSD goes straight to that address. No email, phone number or ID upload.
What are the fees for converting Tether (ERC20) to PayPal USD?
The GhostSwap fee is already included in the rate in the exchange box, so the PYUSD 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 USDT.
What wallet should I use to receive PYUSD?
To receive PayPal USD 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 PYUSD address before confirming, cryptocurrency transactions cannot be reversed.
What format is the PYUSD 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 PYUSD to an address on another network can lose the coins.
Can I track my USDT to PYUSD 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 USDT payment on Etherscan (https://etherscan.io).
Is it safe to exchange USDT for PYUSD on GhostSwap?
GhostSwap is non-custodial: there is no account balance holding your coins. Your USDT deposit is converted and the PYUSD is sent straight to the Ethereum address you enter, so check that address twice, Ethereum transfers cannot be reversed.
What happens if my USDT to PYUSD exchange fails?
If a swap cannot be completed, the USDT 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.

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