PYUSD escrow
Vaultion is a non-custodial PYUSD escrow service. Lock PYUSD in an open-source contract and funds release only when both parties agree — or when a ruling decides — from independent Kleros jurors or a Vaultion reviewer on Ethereum, or a Vaultion reviewer on every other network. Backed by PayPal and issued by regulated Paxos, PYUSD is a familiar bridge for users arriving from traditional finance.
A familiar on-ramp
Backed by PayPal
PayPal USD is the stablecoin from a household payments name, which makes it an easy first step for a counterparty arriving from a familiar consumer wallet.
Regulated issuer
Issued by Paxos, a regulated New York trust company, with reserves reported on a regular public schedule — a recognisable structure for users coming from traditional finance.
A bridge from TradFi
For someone new to crypto, a PayPal-issued dollar is a comfortable on-ramp into an on-chain escrow without first learning an unfamiliar token.
The most familiar dollar to escrow
PYUSD's value on a deal is often trust: the PayPal name can make a cautious or first-time counterparty comfortable agreeing to an on-chain escrow they would otherwise hesitate over.
A recognizable name
PYUSD carries the PayPal association, which can make a cautious or first-time counterparty comfortable agreeing to an on-chain escrow at all.
Issued by a regulated trust
PYUSD is issued by Paxos, a regulated trust company, and backed by dollar deposits and short-term Treasuries — a familiar backing model for anyone from traditional finance.
Good for crossover deals
For consumer payments, merchant settlements and TradFi-to-crypto deals, PYUSD lowers the unfamiliarity that can stall a first on-chain agreement.
One canonical contract
Vaultion only holds the canonical PYUSD token — verify the address on the explorer before funding so you know exactly what is escrowed.
An Ethereum-only escrow, and what that means
PYUSD is the one Vaultion stablecoin that runs on a single network: Ethereum mainnet. It is not offered on Arbitrum, Base, BNB Smart Chain, TRON or Solana. That suits its typical holder — a buyer who bought PYUSD inside PayPal or Venmo and withdrew it to an Ethereum wallet, and who wants to pay a seller without converting to another token first.
Because the escrow lives on Ethereum, the Ethereum choice of dispute route applies. When the escrow is created you pick either Kleros arbitration — independent, randomly-drawn jurors, with a fee paid in ETH by the party that raises the dispute — or a Vaultion reviewer, which is fee-less but not decentralized: you are trusting Vaultion's reviewer to rule fairly. Neither route can redirect funds anywhere but to the buyer or the seller.
Expect Ethereum gas on each step — fund, release, and a dispute if there is one — rather than the cents-level fees of the layer-2 rails. For a PYUSD deal that is usually a fair trade for keeping the buyer in the asset they already hold.
The exact PYUSD contract Vaultion uses
Vaultion only supports the canonical PYUSD token contract. You can confirm the address on the block explorer before you ever escrow a cent.
PYUSD token contract
0x6c3ea9036406852006290770BEdFcAbA0e23A0e8
Frequently asked
Is a PYUSD escrow non-custodial?
Yes. Vaultion locks your PYUSD in an open-source smart contract, not a custodial account, releasing on agreement or by a dispute ruling. You can read the balance on the block explorer whenever you want.
Who is behind PYUSD?
PYUSD is PayPal's dollar stablecoin, issued by Paxos — a regulated trust company — and backed by dollar deposits and short-term Treasuries. It is the most familiar on-ramp for someone coming from traditional finance.
Is PYUSD a good fit for someone new to crypto?
Often, yes. The PayPal association makes PYUSD recognizable to first-time users and merchants, which can make a counterparty more comfortable agreeing to an on-chain escrow in the first place.
What are the fees and minimum for a PYUSD escrow?
A $50 minimum, no fixed maximum, and a tiered platform fee of 4% down to 2% by size, paid once at creation. What a dispute costs depends on the network: on Ethereum you pick the route at creation, so Kleros charges a fee paid in ETH by the party that raises it while a Vaultion reviewer charges nothing, and on every other network a Vaultion reviewer handles it at no charge. Either way, nothing extra is charged unless a dispute is raised.
Which PYUSD contract does Vaultion use?
The canonical PYUSD token on Vaultion's live networks — confirm the address on the explorer before funding. Picking PYUSD doesn't change how the escrow works; only the locked asset differs.
Keep reading
Escrow a deal in PYUSD
Set up an escrow in a few steps. Funds stay locked in the contract until the deal is done or arbitration decides.
Create an escrow