The crypto market remains largely neutral in sentiment, with only minor recoveries observed so far in August.
Bitcoin, the leading cryptocurrency, has experienced a modest increase of nearly 2% in recent days, approaching the $60K mark.
However, the standout news is the growth of Paypal USD (PYUSD). The dollar-pegged stablecoin has rapidly ascended to become the sixth largest stablecoin in the market.
This development demonstrates PYUSD’s significant market traction and growing adoption among users.
