Paypal’s PYUSD stablecoin hits $1 billion market cap in just over a year

On August 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Originally launched on Ethereum, PYUSD has seen a significant change, with most of its tokens now issued on Solana. Paypal’s PYUSD surpasses $1 billion market cap Recent data shows that the market cap (…)