YouTube Adds PYUSD Payouts for Creators as Stablecoin Use Expands

YouTube now supports PYUSD payouts for US creators as stablecoin payment options become a more attractive option for major platforms.

YouTube creators now have the option to collect their earnings in PYUSD. 

This stands as the first time the platform has supported a stablecoin payout, and the update arrives as platforms search for faster and cheaper ways to send money to users.

PYUSD Payouts Arrive for YouTube Creators

YouTube has added PYUSD as a payout choice for creators based in the United States. PayPal’s head of crypto, May Zabaneh, confirmed the launch in an interview published on December 11. The rollout uses PayPal Hyperwallet, which is a system already tied into Google’s payment setup.

YouTube and Google have relied on Hyperwallet for much of the year. Google first offered the system to US AdTech users in February, then expanded the option worldwide in October. 

Hyperwallet lets large platforms send earnings to thousands of people without relying on slow bank processes. Instead of sending direct transfers, the system funds digital wallets where users pick their preferred cash-out method.

Once PayPal launched PYUSD, the stablecoin went straight into Hyperwallet as a payout choice. 

This gave creators one more method that might move money faster and at lower cost than common bank rails. 

How Stablecoin Payouts Have Grown

Stablecoin payouts have begun to draw more interest across the digital space. Even with systems like Hyperwallet, many users still wait long stretches to get paid. 

The problem is also a big one in regions where banking infrastructure moves slowly or charges high fees.

Several major platforms are now testing or considering stablecoins as an upgrade. This makes sense because stablecoins offer near-instant finality and low fees. The user still handles the process of converting to local cash, but the transfer itself reaches them faster.

Amazon itself is another company that has looked at stablecoin payouts for parts of its marketplace. Visa even launched new fiat-to-stablecoin rails in November to support this, and the company views these payouts as a strong fit for gig workers who rely on quick access to earnings. 

Notably, Mastercard released its own approach soon after.

The push from these payment giants thus shows that stablecoins could reach millions of workers across many online sectors. 

This includes content creators, freelancers, small vendors and gig workers who often rely on platforms for their income.

Related Reading: UAE Telecom Giant Partners to Explore Dirham Stablecoin Payments

Why PYUSD And Not Others?

YouTube works with a large creator base. Many creators work across borders, so traditional bank transfers often lead to delays. 

PYUSD offers a payout method that moves faster while still maintaining a one-to-one peg with the US dollar.

Notably, Platforms use Hyperwallet to manage this at scale and major examples like YouTube, Airbnb and Shopify all use the system to send funds to large numbers of users across different time zones. 

Hyperwallet reduces the workload by pushing funds to digital wallets instead of relying on individual transfers. Because of this, PYUSD has now become an added layer within this structure.

The update also strengthens ties between Google and PayPal. 

Their payment systems have grown more connected over the past year, and the decision to include a stablecoin is a sign that both companies see demand for better payout tools.

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