PayPal's stablecoin, PYUSD, has experienced a significant increase in supply, according to DeFiLlama data. The market capitalization of PYUSD has soared from $1.2 billion in September to over $3.8 billion currently. This growth marks a more than 36% increase over the past month, positioning PYUSD as the sixth-largest stablecoin in the market.
PayPal's Stablecoin PYUSD Supply Surges to Over $3.8 Billion
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