YouTube partners with PayPal to enable creators to receive payments in stablecoins, as tech giants step into the crypto payments era

The world’s largest online video platform, YouTube, officially opens up for U.S. creators to receive payments via PayPal’s stablecoin PYUSD, making it one of the latest tech giants to adopt cryptocurrency payment technology. This feature is now live within PayPal’s enterprise payment system, symbolizing how major tech platforms are accelerating their embrace of stablecoin payments following the passage of the GENIUS Act, and highlighting PayPal’s rapid expansion in the crypto ecosystem.

YouTube Opens PYUSD Withdrawals: Creators Can Receive “Stablecoin Salaries” Directly

Forbes reports that YouTube now allows U.S. creators to choose whether to receive platform earnings or other payments in PayPal’s stablecoin PYUSD.

PayPal’s Head of Crypto, May Zabaneh, confirmed that this feature is now officially enabled, and Google also announced that YouTube’s payment options have been expanded to include PYUSD.

Zabaneh stated that YouTube has always been one of PayPal’s enterprise payment clients: “Since we added stablecoin payment capabilities in Q3, YouTube has decided to offer it to creators.”

Our advantage is that YouTube can integrate this without engaging directly with cryptocurrencies, thereby eliminating the costs and risks associated with adoption.

Tech Giants Compete for Stablecoin Dominance: From Sony to Stripe Accelerate Across the Board

YouTube’s involvement reflects a broader trend among large tech companies speeding up the adoption of stablecoins as the foundation for next-generation financial infrastructure. With Trump signing the new stablecoin regulation, the GENIUS Act, the legitimacy and acceptance of crypto payments among mainstream U.S. companies have significantly increased.

Stablecoins have long played a core role in the crypto ecosystem, and now, being more closely linked to the US dollar, they are rapidly entering the enterprise payment market. This includes Stripe’s $1.1 billion acquisition of stablecoin startup Bridge earlier this year, Jack Dorsey’s Cash App shifting toward stablecoin payments, and Sony Bank announcing the issuance of a USD stablecoin—all exemplifying this trend.

(The Next Wave of Competition: From General-Purpose to Function-Specific, Why Are “Customized Stablecoins” a Hard Requirement for Enterprises?)

PayPal Expands Stablecoin Footprint: From Individual Users and Merchants to Enterprise Payments

PayPal is one of the earliest tech giants to promote crypto services. After enabling buying and selling Bitcoin and Ethereum in 2020, it launched its own stablecoin PYUSD in 2023, which now has a market cap approaching $4 billion.

Currently, PYUSD has been integrated into the PayPal app wallet, its subsidiary financial app Venmo, and payment channels for millions of merchants. In the future, it will also expand to payments within small and medium-sized supply chains.

Following YouTube’s launch of stablecoin earnings, Google Cloud also revealed that it has accepted PYUSD payments from two clients. Additionally, with the previous launch of a payment protocol called AP2, designed specifically for AI agents and supporting stablecoin payments, Google’s efforts in crypto payments are gradually deepening.

(Singapore Stablecoin Summit: Google and PayPal Executives Analyze the Future of Stablecoins and Enterprise Payments)

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