
PayPal USD PYUSD
PayPal USD leads in market ecosystem and team governance, with economic models remaining the main focus and currently holding a D- rating.
Sector Rank #735 · Global Rank #1430
Overall Rating
D- · 23.81 / 100PayPal USD has an overall rating D-f D (total 23.81), ranking high in market ecosystem, team governance, and roadmap delivery across six dimensions. The main point of deduction is the economic model (0 points) — mainly affected by chip concentration (0 points) and short- to medium-term selling pressure (0 points).
The rating team concluded: "PayPal USD has relative advantages in market ecosystem, team governance, and roadmap delivery, with current weaknesses concentrated in its economic model. " It is recommended to observe cautiously and not use it as a core configuration basis for now.
Six-Dimension Rating Breakdown
Roadmap Delivery
25/100Roadmap On Time Delivery Rate?Lack of public data and neutral judgments based on project context.Weight 35%Insufficient data · 50 / 100
Last 4 upgrades achieved?Recent development activity trends are zero, with no significant upgrades.Weight 30%No recent upgrades · 0 / 100
Milestones to Deliver?No public pending delivery milestones were found.Weight 20%No public milestones · 0 / 100
History Extension Record?Lack of historical delay records and a neutral judgment.Weight 15%Insufficient data · 50 / 100
Technical Implementation
57/100Consensus Mechanism?Stablecoins rely on the underlying public chain consensus, which matures the underlying chain.Weight 30%Depends on the underlying chain · 70 / 100
Main network years of operation?The main network operation time of the project is relatively short.Weight 15%About 1.5 years · 30 / 100
Recent upgrades?Stablecoins themselves have no independent upgrades and rely on the underlying chain.Weight 35%No independent upgrades · 50 / 100
Client Diversity?Stablecoins themselves have no client and rely on the diversity of underlying chains.Weight 20%Depends on the underlying chain · 70 / 100
Tokenomics
12.5/100Deflationary Mechanism?Stablecoins typically do not have deflationary mechanisms.Weight 30%&None · 0 / 100
Inflation rate?Stablecoin supply is adjusted as needed to maintain peging.Weight 25%Minting/destroying as needed · 50 / 100
Staking rate/position lock-up rate?Stablecoins typically do not offer staking or locking.Weight 25%No staking/lock-up · 0 / 100
Supply Upper Limit?There is no fixed limit on the stablecoin supply, adjusted as needed.Weight 20%No fixed upper limit · 0 / 100
Team Governance
38/100Core Development Team?The team has a strong background, but limited specific information about the crypto field.Weight 30%PayPal internal team · 60 / 100
Governance mechanisms?The project is centrally controlled by PayPal.Weight 25%Centralized Governance · 10 / 100
Financial Transparency?As a publicly listed company, PayPal has high financial transparency.Weight 25%Transparency at the company level · 70 / 100
Concentration of key people?The top ten crypto-holding addresses account for a very high proportion and pose concentration risks.Weight 20%Highly concentrated · 0 / 100
Market Ecosystem
62.75/100Active Address?Daily active address data shows moderate activity.Weight 30%Activity level is moderate · 72.5 / 100
Ecological chain/L2 quantity?It has been deployed on multiple mainstream public blockchains, with broad ecosystem coverage.Weight 25%4. Chains · 80 / 100
DeFi TVL?There is considerable TVL on Arbitrum, but it is not exclusive to PYUSD.Weight 25%Approximately $3.79 billion (Arbitrum) · 60 / 100
Developer community?Lack of independent developer communities, reliance on parent companies and underlying chains.Weight 20%Relies on PayPal and its underlying chain · 30 / 100
Security & Compliance
64/100Historical Major Failure?So far, no major security incidents have occurred.Weight 25%&None · 100 / 100
Regulatory Attitude?PayPal is a regulated entity, and stablecoins are under regulatory scrutiny.Weight 30%Rather friendly · 80 / 100
Sec Attitude?The security nature of stablecoins remains subject to regulatory controversy.Weight 30%called “correct sequence of measures”. · 50 / 100
Client Bug Frequency?The contract operates under a proxy model and carries backdoor code risks.Weight 15%Backdoor code exists · 0 / 100
D- Peer Comparison
Export CSV PayPal USDD- · 23.81 | RogueD- · 26.66 | GaiAID- · 26.65 | Artificial Superintelligence AllianceD- · 26.64 | |
|---|---|---|---|---|
| Overall Score | 23.81 | 26.66 | 26.65 | 26.64 |
| Roadmap Delivery | 37.5 | 37.5 | 37.5 | 37.5 |
| Technical Implementation | -- | -- | -- | -- |
| Tokenomics | 0 | 0 | 0 | 0 |
| Team Governance | 45.57 | 30 | 56 | 70.72 |
| Market Ecosystem | 53.63 | 9.63 | 59.98 | 51.84 |
| Security & Compliance | 0 | 51.75 | 0 | 0 |



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