PayPal PYUSD Stablecoin Supply Shot Up By 90% After Expanding To Solana Blockchain
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The PayPal PYUSD stablecoin saw a 90% increase in supply following its expansion to the Solana blockchain in May. By July 8, the market cap exceeded $500 million. A significant portion, 77% ($399 million), is on Ethereum, while the remaining 23% ($118 million) is on Solana.
Source: coinpedia.org ↗