PayPal USD (PYUSD) has achieved a major milestone by surpassing the $1 billion market capitalization mark. This achievement is particularly noteworthy as PYUSD has managed this feat within just 383 days, highlighting its rapid adoption and growing influence in the stablecoin sector.
The new stablecoin's performance signals strong market trust and acceptance, setting a high benchmark for other entrants in this competitive arena. This makes PYUSD a significant player to watch in the evolving landscape of digital currencies.
