YouTube , the video-sharing giant owned by Google, now allows U.S. creators to receive payouts in stablecoins, Fortune reported on Dec. 11.
YouTube has opted for PayPal 's (Nasdaq: PYPL) PYUSD stablecoin for the latest crypto move as it already is PayPal's existing customer and uses the financial services company's payouts service, the report added.
Related: YouTuber MrBeast reportedly moves into crypto with new trademark filing
PayPal's head of crypto, May Zabaneh, and an unnamed Google spokesperson confirmed the arrangement to Fortune.
Zabaneh said PayPal added the PYUSD stablecoin option for payment recipients in the third quarter of the year and now YouTube has decided to extend the option to U.S. creators who receive a share of earnings from the content they post on the video-sharing site.
"The beauty of what we've built is that YouTube doesn't have to touch crypto and so we can help take away that complexity."
The stablecoin payout feature is live, and for now, only U.S. creators can take advantage of it.
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Stablecoins go mainstream as payment option
A stablecoin is a cryptocurrency built to stabilize its value by being pegged 1:1 to a traditionally stable asset, usually the U.S. dollar so that it doesn't swing in volatility like Bitcoin or other popular cryptocurrencies.
It is meant to behave like a digital dollar, offering the speed of crypto with the stability of fiat.
PayPal's PYUSD, launched on Aug. 7, 2023, is a USD-pegged, Ethereum -based stablecoin issued by Paxos.
As per the onchain analytics platform DeFiLlama , PYUSD has a market capitalization of $3.9 billion at the time of writing and occupies 1.26% of the total market share.
The Donald Trump administration eyes USD-pegged stablecoins as a potential vehicle to further the global dominance of its national currency.
After Trump signed the GENIUS Act to regulate such stablecoins into law in July, the category has gone mainstream and even Big Tech giants can't resist adopting them.
Related: PayPal stablecoin registers 200% growth as top player faces regulatory pressure
This story was originally published by TheStreet on Dec 12, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
