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Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin Bitcoin.com 16 Aug 2024

Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin 💵

According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD, becoming the sixth largest dollar-pegged token by market capitalization.

Over the past ten days, PYUSD’s supply has swelled by $140.9 million.

The stablecoin asset issued by Paypal is now nearing the $1 billion milestone in market capitalization.

Source: news.bitcoin.com ↗

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