Huobi Announces Listing of PayPal USD (PYUSD) with Zero Fees for USDT Swaps

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The cryptocurrency landscape continues to evolve rapidly, and major exchanges are adapting by integrating innovative stablecoins that bridge traditional finance with digital assets. In a significant move, Huobi — one of the world’s most recognized digital asset platforms — has officially announced the listing of PayPal USD (PYUSD), a regulated U.S. dollar-backed stablecoin launched by global fintech giant PayPal. This integration marks a pivotal moment in the convergence of mainstream financial systems and blockchain technology.

What makes this announcement even more compelling is Huobi's decision to offer zero-fee swaps between PYUSD and USDT during the initial phase. This strategic incentive not only lowers barriers for traders but also encourages broader adoption of PYUSD within the crypto ecosystem.

Understanding PayPal USD (PYUSD)

PayPal USD (PYUSD) is a fully reserve-backed stablecoin issued by Paxos Trust Company and supported by PayPal. It operates on the Ethereum and Solana blockchains, ensuring fast, transparent, and secure transactions. Unlike many other stablecoins, PYUSD stands out due to its regulatory compliance, regular attestations, and backing solely by U.S. dollar deposits and short-term U.S. Treasuries.

This level of transparency and oversight has made PYUSD a trusted option for both institutional and retail investors seeking stability in volatile markets.

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Why Huobi’s PYUSD Listing Matters

Huobi’s decision to list PYUSD reflects a growing trend among leading exchanges to embrace regulated financial innovations. By adding PYUSD to its suite of tradable assets, Huobi enhances its credibility and expands access to users who prioritize compliance and security.

Moreover, the zero-fee promotion for PYUSD/USDT trading pairs provides immediate value:

This move positions Huobi at the forefront of exchanges facilitating the next wave of crypto adoption through trusted partnerships.

How to Trade PYUSD on Huobi

Trading PYUSD on Huobi is straightforward, especially for users familiar with stablecoin swaps or fiat-pegged asset management.

Step-by-Step Guide:

  1. Log in to your Huobi account or create one if you're new.
  2. Navigate to the Spot Trading section.
  3. Search for the PYUSD/USDT trading pair.
  4. Place your order — either market or limit — to swap between PYUSD and USDT.
  5. Enjoy zero transaction fees during the promotional period.

Users can also deposit PYUSD directly via supported networks (Ethereum or Solana), though standard blockchain gas fees will apply.

For those looking to convert digital assets into fiat-like value without exiting the ecosystem, PYUSD offers a compliant, stable alternative to other USDT-dominated strategies.

The Rise of Regulated Stablecoins in Crypto Markets

Stablecoins have become the backbone of crypto trading, accounting for over 70% of all cryptocurrency transaction volume globally. While USDT remains dominant, concerns about transparency and centralization have fueled demand for more accountable options.

Enter regulated stablecoins like PYUSD, USDC, and FDUSD — each offering verifiable reserves, third-party audits, and adherence to financial regulations. These features make them ideal for:

As regulatory scrutiny increases worldwide, exchanges like Huobi are proactively aligning with standards by listing only vetted, transparent stablecoins.

Frequently Asked Questions (FAQ)

Q: Is PYUSD safe to use on Huobi?

A: Yes. PYUSD is issued by Paxos under New York State Department of Financial Services (NYDFS) regulation and undergoes monthly attestations. Its integration on Huobi adds an extra layer of trust through platform-level verification.

Q: Are there any withdrawal fees for PYUSD?

A: While spot trading fees are currently waived for PYUSD/USDT pairs, standard blockchain network fees apply when withdrawing PYUSD via Ethereum or Solana. These are not charged by Huobi but are necessary for transaction processing.

Q: How does PYUSD differ from USDT?

A: Both are USD-pegged stablecoins, but PYUSD is fully backed by cash and short-term U.S. Treasuries with regular audits, whereas USDT uses a mix of reserves including commercial paper. PYUSD is also directly backed by a traditional financial institution — PayPal — enhancing its legitimacy.

Q: Can I earn yield on PYUSD holdings?

A: Not directly on Huobi at this time, but users can transfer PYUSD to DeFi platforms that support yield-generating strategies such as lending or liquidity provision.

Q: Will the zero-fee swap last forever?

A: Promotions like fee waivers are typically time-limited. Users should take advantage early to maximize savings before standard trading fees resume.

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Strategic Implications for Traders and Investors

The addition of PYUSD opens new opportunities:

Additionally, PayPal’s involvement signals growing confidence from legacy financial players in blockchain infrastructure. This synergy could accelerate mainstream adoption, especially among users hesitant to engage with less-regulated digital currencies.

Looking Ahead: The Future of Stablecoin Integration

As digital finance matures, we expect more collaborations between traditional financial institutions and crypto platforms. The success of PYUSD on major exchanges like Huobi could pave the way for similar products from banks or payment processors like Visa, Mastercard, or Stripe.

Furthermore, innovations such as programmable money, real-time settlements, and tokenized deposits may soon become standard — all powered by regulated stablecoins.

Huobi’s proactive approach demonstrates its commitment to offering cutting-edge, secure, and user-friendly services in an increasingly competitive market.

👉 Stay ahead of the curve with access to emerging digital assets and zero-fee trading promotions.

Core Keywords

By aligning with forward-thinking initiatives like PYUSD, Huobi reinforces its role as a leader in secure, innovative crypto trading solutions. For users seeking reliability, transparency, and cost efficiency, now is an ideal time to explore what this integration offers.