YouTube, the world’s largest video-sharing platform, has taken a significant step into the world of cryptocurrency by adding PayPal’s PYUSD stablecoin as a payout option for its US creators. This move marks a major milestone in the adoption of stablecoins, as it provides creators with a new way to receive their earnings. According to Fortune, PayPal’s crypto chief, May Zabaneh, confirmed the agreement, which allows creators to opt for PYUSD as a withdrawal option through PayPal’s payout infrastructure.
The integration of PYUSD into YouTube’s payout system is a significant development, as it enables creators to receive their earnings in a stablecoin that is pegged to the value of the US dollar. This means that creators can now choose to receive their payouts in a cryptocurrency that is designed to maintain a stable value, rather than being subject to the fluctuations of other cryptocurrencies. The move is also notable because it does not require YouTube to directly hold or transfer the cryptocurrency, instead relying on PayPal’s existing infrastructure to facilitate the payouts.
The addition of PYUSD as a payout option is a significant development for creators, who can now access a new and potentially more efficient way to receive their earnings. With YouTube having paid out over $100 billion to creators in the last four years, the potential impact of this move is substantial. According to Google’s documentation, the AdSense for YouTube payment process describes that earnings are paid out and then made available in the Hyperwallet as part of the payout flow. This means that creators can now choose to receive their payouts in PYUSD, which can then be transferred to an external address or used within PayPal’s network.
The integration of PYUSD into YouTube’s payout system is also a significant development for the wider cryptocurrency market. Stablecoins, such as PYUSD, are designed to maintain a stable value and are often used as a store of value or for transactions. The addition of PYUSD as a payout option on YouTube marks a major milestone in the adoption of stablecoins, as it provides a new and potentially more efficient way for creators to receive their earnings. According to a report by Citi, stablecoin issuance has increased from about $200 billion at the start of 2025 to about $280 billion, with revised 2030 emissions forecasts of $1.9 trillion in the baseline scenario and $4.0 trillion in the higher acceptance scenario.
The move is also significant because it highlights the growing trend of stablecoins being used in mainstream financial transactions. As reported by the Financial Times, stablecoins function economically as deposit-like liabilities, triggering classic debates about oversight and run risk. However, with the US Department of the Treasury publishing an advance notice of implementation of the proposed rule, it is clear that regulators are taking steps to provide a framework for the use of stablecoins in financial transactions. The GENIUS Act, which is currently being considered by Congress, outlines a framework for who can issue payment stablecoins, as well as expectations for redemption and oversight.
In conclusion, the addition of PYUSD as a payout option on YouTube marks a significant milestone in the adoption of stablecoins. With the potential to provide creators with a new and potentially more efficient way to receive their earnings, the move is a major development for the wider cryptocurrency market. As the use of stablecoins continues to grow, it is likely that we will see further integration into mainstream financial transactions. For more information, visit https://cryptoslate.com/crypto-just-entered-youtubes-100b-payouts-offering-creators-a-specific-path-to-finally-exit-banks/
