Rewards Hub Paxos has minted 100 million PYUSD stablecoins, valued at approximately $100.04 million, on the Ethereum blockchain. This development was reported on November 10, as tracked by Whale Alert, a service that monitors large cryptocurrency transactions. The minting of these stablecoins reflects ongoing activity and demand within the stablecoin market, particularly on the Ethereum network.
Paxos Mints $100 Million in PYUSD Stablecoins on Ethereum
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