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YouTube has quietly added a new payout option that lets creators in the US receive earnings in PayPal’s dollar-pegged token, PYUSD. According to several reports, the change appears to be active now and is being offered through PayPal’s payout rails rather than through any direct crypto custody by YouTube.
How The Option Works
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PayPal’s head of crypto, May Zabaneh, confirmed the setup to Fortune and said the company uses its existing payout network to deliver PYUSD to recipients who opt in.
That means YouTube will still calculate and send creator earnings in dollars to PayPal’s system, and PayPal is then responsible for the conversion to the stablecoin and distribution to creators.
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