PayPal's stablecoin, PYUSD, has seen a significant increase in supply, with a net minting of $861 million over the past seven days, bringing the total supply to $1.866 billion. Notably, Paxos executed a record single minting of $199 million PYUSD on September 26 at 16:35, marking the largest single issuance in its history.
PayPal Stablecoin PYUSD Supply Surges with Record Minting
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