Adoption of Stablecoins

[bangjoe]

YouTube has introduced a new payment option for US-based creators, allowing them to receive earnings in PayPal’s stablecoin, PYUSD. The move adds another major tech company experimenting with crypto-linked payments, while simplifying the process for content creators.

PayPal manages the conversion and custody of the stablecoin, meaning YouTube does not directly handle any crypto. The feature uses YouTube’s existing payout system and follows PayPal’s broader PYUSD rollout earlier this year.

Stablecoins have gained attention among tech firms following the signing of the GENIUS Act in July 2025, which provides a federal framework for these assets. Stripe and Google are exploring stablecoins for faster settlements, reflecting rising interest in regulated digital payments.

PYUSD, which reached a market capitalisation of nearly $4 billion, is already integrated into several PayPal products, including Venmo and merchant tools. For now, the payout option is limited to US creators, with no timeline announced for expansion to other regions.

Now Youtube content creators in the US can get their content paid through PYUSD stable coins issued by Paypal, this shows that crypto adoption continues and can expand in other industries, meaning that we have a bear chance that other countries will also do the same and start integrating with crypto technology gradually, this is one form of progress in terms of adoption in the US.

Of course there will be many more developments in the future and I think this adoption will continue in the integration into other real word assets and also increase liquidity, make it easier to enter the crypto market and so on while there must be risks also behind it about this, what do you think is the most dangerous risk in the case of this adoption?

[TastyChillySauce00]

Honestly a good news, a non-stablecoin crypto payment adoption is easy if everybody accept stablecoin you just need to swap and it took 1-2 second and even better if there's a company building system around it, I'm all for these crypto adoption even if it needs to adopt stablecoin first.
Maybe in the future they gonna accept bitcoin as well.

I think there's no significant risk for it if they just stick with the real USD backed stablecoin not some random restaked stablecoin issued by random people.

[CONVOAI]

It would be even better if general grocery stores started accepting payments in crypto. Just like all stores have Google Pay and Apple Pay systems, crypto payment options should be available. This can be implemented very easily through Binance Pay. Just print the Binance Pay QR code and place it in front of the store. This way, crypto transactions can be made more easily.

[Charles-Tim]

Now Youtube content creators in the US can get their content paid through PYUSD stable coins issued by Paypal, this shows that crypto adoption continues and can expand in other industries, meaning that we have a bear chance that other countries will also do the same and start integrating with crypto technology gradually, this is one form of progress in terms of adoption in the US.

When I saw the news few days ago, I did not finish reading it becusee I noticed only PYUSD (which was the stable coin created by PayPal) that was mentioned, no mention of bitcoin. That makes the news so boring to read. Even if PayPal will handle the payment, why not support bitcoin? If I remember correctly, PayPal first accepted bitcoin before creating PYUSD.

[Taskford]

Now Youtube content creators in the US can get their content paid through PYUSD stable coins issued by Paypal, this shows that crypto adoption continues and can expand in other industries, meaning that we have a bear chance that other countries will also do the same and start integrating with crypto technology gradually, this is one form of progress in terms of adoption in the US.

When I saw the news few days ago, I did not finish reading it becusee I noticed only PYUSD (which was the stable coin created by PayPal) that was mentioned, no mention of bitcoin. That makes the news so boring to read. Even if PayPal will handle the payment, why not support bitcoin? If I remember correctly, PayPal first accepted bitcoin before creating PYUSD.

What can you you expect? For sure that the platform will introduce first their product before anything else out there. But still its good that they made that option to allow those creators to get paid thru PYUSD since they still have an option to choose to convert that to BTC if they really want to do it and also if they want to HODL Bitcoin.

They are still accepting Bitcoin after all, but maybe if there's good developments happened on Bitcoin then creators or even lots of their users request for that situation to happen then maybe Paypal would allow that Bitcoin payment adoption happen.

[Wakate]

How is PYUSD increasing crypto adoption? Anything that is not Bitcoin should not be taken seriously. The rich gang are creating their own tokens just to allowing their friends to help them to influence the adoption. Stable coins should not be seen as part of cryptocurrency because they are pegged to the USD. No big deal about this stable because it has nothing to contribute to the crypto market.

[Natalim]

This is good. They can directly invest in crypto using this, since it’s already available for trading on Coinbase and Binance US, based on what I read.

https://global.php.cn/faq/1796837772.html
https://s205.q4cdn.com/875401827/files/doc_news/PayPal-and-Coinbase-Expand-Partnership-to-Drive-Innovation-of-Stablecoin-based-Solutions-2025.pdf

However, we’re not that excited about it since the community isn’t really into stablecoins, but more into coins like Bitcoin where the value is volatile. Maybe the positive effect here is indirect, that more people get exposed to crypto in general. That alone could already help drive adoption.

[passwordnow]

I do not see any danger with it. But the thought of what stable coins provider can do to someone's asset of freezing their funds. We know that they are centralized and that's the reason why many are still scared of converting their profits and funds into stable coins. But overall, let's welcome this development and adoption because it's a good one for those who are going to benefit from it.

This is good. They can directly invest in crypto using this, since it’s already available for trading on Coinbase and Binance US, based on what I read.

I agree, they can straightly invest to the market after receiving their payouts.

[MArsland]

what do you think is the most dangerous risk in the case of this adoption?

The risk, of course is tightening regulations for those willing to accept crypto payments through government regulated services, requiring KYC. On the other hand, crypto wallet integration is a positive but carries its own set of risks.

[Felicity_Tide]

How is PYUSD increasing crypto adoption? Anything that is not Bitcoin should not be taken seriously. The rich gang are creating their own tokens just to allowing their friends to help them to influence the adoption. Stable coins should not be seen as part of cryptocurrency because they are pegged to the USD. No big deal about this stable because it has nothing to contribute to the crypto market.

Exactly the same I thought. Just because stablecoins are still very much classified as cryptocurrencies, there isn't any difference between their normal regular method of payment_{(via direct bank transfer I guess)}, and the current PYUSD adoption. If a company as massive as YouTube wants to start an adoption, then Bitcoin even sounds far better, because it is actually the main face and the leading figure in the crypto space. I guess their choice for PYUSD might be more of business related with PayPal, and not just because they really want to have it as another payment option. For sure, I know that some of the content creators that are being paid might actually prefer Bitcoin to whatever supposed cryptocurrency options they're offering.

[bangjoe]

How is PYUSD increasing crypto adoption? Anything that is not Bitcoin should not be taken seriously. The rich gang are creating their own tokens just to allowing their friends to help them to influence the adoption. Stable coins should not be seen as part of cryptocurrency because they are pegged to the USD. No big deal about this stable because it has nothing to contribute to the crypto market.

Exactly the same I thought. Just because stablecoins are still very much classified as cryptocurrencies, there isn't any difference between their normal regular method of payment_{(via direct bank transfer I guess)}, and the current PYUSD adoption. If a company as massive as YouTube wants to start an adoption, then Bitcoin even sounds far better, because it is actually the main face and the leading figure in the crypto space. I guess their choice for PYUSD might be more of business related with PayPal, and not just because they really want to have it as another payment option. For sure, I know that some of the content creators that are being paid might actually prefer Bitcoin to whatever supposed cryptocurrency options they're offering.

This will slowly increase liquidity in crypto adoption itself, to be honest we never know how developments will actually happen in the future, the development of this adoption could end in what way, but if it goes smoothly then there will be motivation for other businesses that don't just rely on stablecoins, this could be another payment alternative, besides that it will increase traffic, dex and others by using crypto wallets in the future. If you have heard of it, maybe you will know how this stablecoin can be used widely which will result in other growth, especially if services have started to expand and open in web2 to web3 connections.

[o48o]

They probably add more options then paypal's hyperwallet in the future. I am not sure if they will be crypto based services or just some banking alternatives.

Old school banks are slow and unnecessary hassle for them, and same goes with Paypal. They rather ally with any other tech then stay stuck with traditional wire transfers since they have option for that.

Paypal was alternative banking anyway, and every time they can cut banks from the cycle, they win.

[Wakate]

Exactly the same I thought. Just because stablecoins are still very much classified as cryptocurrencies, there isn't any difference between their normal regular method of payment_{(via direct bank transfer I guess)}, and the current PYUSD adoption. If a company as massive as YouTube wants to start an adoption, then Bitcoin even sounds far better, because it is actually the main face and the leading figure in the crypto space. I guess their choice for PYUSD might be more of business related with PayPal, and not just because they really want to have it as another payment option. For sure, I know that some of the content creators that are being paid might actually prefer Bitcoin to whatever supposed cryptocurrency options they're offering.

Stable coins are like a fiat currency in disguise trying to claim the attribute of cryptocurrency because they store data on the blockchain and this does not make it decentralized in anyway. They are being controlled by the government and you coin can be frozen through different mechanism that will make it surprising to you if the government ordered your asset in your portfolio to be freeezed.

[Kavelj22]

Honestly a good news, a non-stablecoin crypto payment adoption is easy if everybody accept stablecoin you just need to swap and it took 1-2 second and even better if there's a company building system around it, I'm all for these crypto adoption even if it needs to adopt stablecoin first.
Maybe in the future they gonna accept bitcoin as well.

I think there's no significant risk for it if they just stick with the real USD backed stablecoin not some random restaked stablecoin issued by random people.

I wouldn't call those stablecoins as cryptocurrencies just because they are listed in cryptocurrency exchanges or recognized by some entities. USD backed tokens have nothing to share with the main concept of cryptocurrencies as defined by Satoshi when inventing the Bitcoin. They are fiat backed cryptocurrencies which means they have value derived from fiat money and this is the main reason why they are called stable (which is not true stability). In addition to it could be frozen by the devs who invented it, which makes it riskier than any other cryptocurrency in the crypto industry.

PayPal recognizes stablecoins, or youtube use them to pay content creators, all of them couldn't make those called stablecoins as real cryptocurrencies. They are just a crypto form of fiat money.

[TastyChillySauce00]

I wouldn't call those stablecoins as cryptocurrencies just because they are listed in cryptocurrency exchanges or recognized by some entities. USD backed tokens have nothing to share with the main concept of cryptocurrencies as defined by Satoshi when inventing the Bitcoin. They are fiat backed cryptocurrencies which means they have value derived from fiat money and this is the main reason why they are called stable (which is not true stability). In addition to it could be frozen by the devs who invented it, which makes it riskier than any other cryptocurrency in the crypto industry.

PayPal recognizes stablecoins, or youtube use them to pay content creators, all of them couldn't make those called stablecoins as real cryptocurrencies. They are just a crypto form of fiat money.

It's true that it's not a real crypto. if we're going deeper into the technical aspect, It's not even a proper coin but just smart contract code living in the blockchain. It's basically just an ERC20 token but regardless stablecoin being accepted by many companies means we can easily create a swap route that uses real crypto like ETH to make settlement in purchase to a merchant that accept stablecoin.

It's an indirect crypto adoption because it opens up another route. You basically don't need to withdraw to bank and add another middleman fee. That's why this adoption could be beneficial for crypto as well although we know stablecoin isn't real crypto.

[asriloni]

what do you think is the most dangerous risk in the case of this adoption?

The risk, of course is tightening regulations for those willing to accept crypto payments through government regulated services, requiring KYC. On the other hand, crypto wallet integration is a positive but carries its own set of risks.

Regulators already tightening the regulation over the stable coin like EU with their MICA license and US with Genius act.

As for KYC, Youtube monetization is requiring every conten creator to verify their identity. So it makes no sense worrying about this identity requirement.

[FinneysTrueVision]

A centralized stablecoin paid to your custodial PayPal account is insignificant and won’t have any meaningful impact on the adoption of actually decentralized cryptocurrencies. We would all like to see platforms like YouTube embrace Bitcoin, but this does not seem like a step in that direction.

They are only limiting this to the United States, where stablecoins aren’t really necessary because there are a lot of payment options that work well, and they are using a lesser known stablecoin, instead of USDT or USDC. It almost seems like it is designed to fail and then they will use this as an excuse to never adopt any crypto, including BTC, on YouTube and other Google services.

[Peanutswar]

Id consider this as a good initiative for those large industries and business that support the use of the crypto because we knew how hassle to get in with the different platforms required a KYC verification and sometimes funds get hold for some reason and now if they will support the use of the stable coins people now can get paid with their services in a crypto at the same time dont need to worry about too much with the market volatile so its now rely with their currency rate in local or depend where does the stable coins rely in the price with.

[Kavelj22]

I wouldn't call those stablecoins as cryptocurrencies just because they are listed in cryptocurrency exchanges or recognized by some entities. USD backed tokens have nothing to share with the main concept of cryptocurrencies as defined by Satoshi when inventing the Bitcoin. They are fiat backed cryptocurrencies which means they have value derived from fiat money and this is the main reason why they are called stable (which is not true stability). In addition to it could be frozen by the devs who invented it, which makes it riskier than any other cryptocurrency in the crypto industry.

PayPal recognizes stablecoins, or youtube use them to pay content creators, all of them couldn't make those called stablecoins as real cryptocurrencies. They are just a crypto form of fiat money.

It's true that it's not a real crypto. if we're going deeper into the technical aspect, It's not even a proper coin but just smart contract code living in the blockchain. It's basically just an ERC20 token but regardless stablecoin being accepted by many companies means we can easily create a swap route that uses real crypto like ETH to make settlement in purchase to a merchant that accept stablecoin.

It's an indirect crypto adoption because it opens up another route. You basically don't need to withdraw to bank and add another middleman fee. That's why this adoption could be beneficial for crypto as well although we know stablecoin isn't real crypto.

I use stablecoins for everyday payments in small transactions since many locals know about USDT and start using it. I trust the use of USDT but not the USDT itself. For all the reasons, it can't be the safest way to store many for a ling period as investment

[palle11]

what do you think is the most dangerous risk in the case of this adoption?

The risk that I think is if there is loose regulation regarding public use of stablecoins by stores and business conglomerates as their payment system, it could fluctuate the crypto market uncontrollably. Like I read Amazon and Walmart are already thinking of creating their own USD backed coin.

Those businesses like Square, Stripe etc can also begin to initiate their own customer stable coin. Spotify who are using third party service of bitrefill for their cards can also directly initial stable coins for customers use. So that is the risk, there is need for a strong stable coins regulation especially from US where altcoins/stablecoins is beginning to get recognition