Venmo Crypto: Move PayPal USD (PYUSD) to and from Senddy

Venmo crypto means PayPal USD (PYUSD): Venmo's crypto wallet holds it, and you can send it to and from outside wallets. Senddy works with it both ways: cash out from Senddy to Venmo, or deposit Venmo PYUSD into Senddy.

Senddy is a private payments app. You hold USDC, a digital dollar, in a private balance on Base that earns yield. Relay is the bridge Senddy uses to move money between networks.

What is PYUSD?

PYUSD is PayPal USD, a stablecoin from PayPal designed to stay worth one US dollar. A stablecoin is a digital token that tracks a currency. PYUSD works like USDC, a similar dollar stablecoin. PayPal explains the token on its PYUSD help page.

As of October 2026, Venmo supports PYUSD on Ethereum, Solana and Arbitrum. There's no fee to buy, sell or hold PYUSD in Venmo.

Can you send crypto on Venmo?

Yes, Venmo lets you send and receive PYUSD to and from outside wallets, once you've verified your identity. Venmo's crypto transfers help page, has the full steps.

To receive PYUSD in Venmo:

1.Open the Crypto tab and choose PYUSD.

2.Tap the transfer arrows, then Receive.

3.Choose a network.

4.Share the address or QR code.

To send PYUSD from Venmo:

1.Open the Crypto tab and choose PYUSD.

2.Tap the transfer arrows, then Send.

3.Enter the address.

4.Choose the network.

5.Review and confirm.

Venmo shows a new receive address each time you receive, and earlier addresses stay valid. Sending the wrong network to an address can lose your money for good, so check it twice.

To get dollars, sell the PYUSD for USD inside Venmo.

Cash out: Senddy to Venmo

Senddy sends PYUSD to your Venmo wallet from your private balance, and you sell it for dollars in Venmo.

Senddy pays out to Venmo on Arbitrum. There's nothing to set up and nothing saved: you paste your Venmo address each time.

1.In Venmo, open Crypto → PYUSD → transfer arrows → Receive and choose Arbitrum. Copy the address starting with 0x.

2.In Senddy, tap Cash Out, then Venmo.

3.Enter the amount and paste the address.

4.Check the review screen. It shows the exact PYUSD that will arrive. The quote is rounded down.

5.Tap Confirm.

6.In Venmo, sell the PYUSD for USD. Venmo doesn't charge a fee to sell.

The status updates live. You don't need ETH for gas. If the transfer can't be filled, the money returns to your private balance automatically.

For other options, see Deposits and withdrawals and Bridging between networks. If you're moving money from Cash App, read how to transfer money from Cash App to Venmo.

Deposit: Venmo to Senddy

Send PYUSD from Venmo to Senddy and it's converted to USDC automatically before it enters your private balance.

1.In Senddy, tap Deposit, then Stablecoin Deposit.

2.Choose Solana or Arbitrum (Ethereum also works) and copy the address.

3.In Venmo, open Crypto → PYUSD → Send, paste the address, and choose the same network.

4.Review and confirm.

Senddy accepts PYUSD on Solana, Ethereum and Arbitrum, the same three networks Venmo supports. Choose the same network on both sides. Solana or Arbitrum usually cost least.

Venmo charges a network fee when you send PYUSD to an outside wallet. The exact amount depends on the network and is shown before you confirm.

Once it's converted, the money lands in your private balance and starts earning yield. See Deposits and withdrawals.

To go from Venmo to Cash App, the route is Venmo PYUSD to Senddy, then USDC to Cash App's stablecoin address. See Cash App USDC with Senddy.

Venmo crypto fees and networks

Venmo charges no fee to buy, sell or hold PYUSD, but network fees apply when you send it to an external wallet. Senddy adds the bridge cost and its own fee.

As of October 2026:

The bridge numbers are typical at time of writing, from live Relay quotes in October 2026. Larger amounts lose a smaller share.

Cash-outs to Venmo go out on Arbitrum. For deposits, use Solana or Arbitrum. Ethereum costs the most, both in Venmo's network fee and in the bridge.

On privacy, be clear about what changes. A transfer between Venmo and Senddy is public onchain, and Venmo keeps its own records. Privacy applies once your money is in the Senddy balance. See how to send money anonymously.

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