YouTube has begun allowing eligible US-based creators to receive earnings in PayPal’s US dollar-pegged stablecoin, PayPal USD (PYUSD), marking a notable step towards mainstream adoption of regulated digital currencies in creator monetisation.
The new payout option was reported by Fortune on 11 December and reflects growing interest among major technology firms in using stablecoins as practical payment tools rather than speculative assets.
Under the arrangement, creators who already receive payments through PayPal can opt to have their YouTube earnings settled in PYUSD using PayPal’s existing payouts infrastructure.
YouTube, which is owned by Google, is able to offer the stablecoin option without directly holding or managing crypto assets, helping the platform reduce operational and compliance complexity.
PayPal’s head of crypto said the feature is already live and builds on the company’s long-standing role as a payout provider for YouTube contractors and gig workers.
“The integration allows platforms like YouTube to introduce stablecoins without taking on additional custodial or regulatory burdens,” May Zabaneh said.