YouTube Now Lets US Creators Take Earnings in PayPal’s Stablecoin: Report
YouTube has begun allowing eligible U.S.-based creators to receive their platform earnings in PayPal USD (PYUSD), PayPal’s dollar-pegged stablecoin, according to Fortune. The outlet cited PayPal’s head of crypto, May Zabaneh, and said a Google spokesperson confirmed the option is live.
The new payout choice applies to creators who receive a share of revenue from YouTube activity such as ads, memberships, and subscriptions. Instead of receiving cash through traditional bank transfers, creators can choose to be paid in PYUSD.
PayPal introduced PYUSD as a payout option for certain payment recipients earlier in the third quarter, Zabaneh said. YouTube has now extended that same stablecoin payout capability to U.S. creators, adding a prominent consumer platform to PayPal’s expanding set of PYUSD use cases.
For creators, the practical impact is straightforward: the stablecoin option is positioned as a faster, more flexible alternative to bank transfers, potentially reducing common banking-related delays. PYUSD is designed to track the U.S. dollar, meaning creators receive a dollar-equivalent amount in stablecoin form rather than in fiat currency.
The move also highlights a broader trend: growing interest among large technology and payments companies in using stablecoins for mainstream payouts. PayPal has been expanding PYUSD across its ecosystem, including PayPal and Venmo, merchant payments, and now YouTube creator earnings.
Creators considering the option should also keep tax reporting in mind. For U.S. creators, earnings received in PYUSD are subject to the same income tax rules as earnings received in traditional currency and should be reported appropriately to the IRS.