PYUSD market cap falls 40% – Is there still hope for the stablecoin?
The current market cap of PayPal USD is $618 million, reflecting a 40% dip since its peak.
The current market cap of PayPal USD is $618 million, reflecting a 40% dip since its peak.
The PayPal USD token's pullback has been attributed to lower yield payouts on platforms like Solana-based lending protocol Kamino.
Paxos released a September 2024 transparency report on PayPal USD. The report highlights asset backing and recent declines in circulating supply. Continue Reading:Paxos Publishes Transparency Report on PayPal USD Stablecoin The post Paxos Publishes T
Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone highlights the role digital currencies can play in streamlining cross-border transactions, with Paypa
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up
PayPal has taken another step toward broadening crypto adoption by enabling US business accounts to buy, sell, and store cryptocurrencies. This feature, announced on September 25, allows millions of US merchants to access the growing digital asset ma
PayPal’s stablecoin, PayPal USD (PYUSD), has reached a significant milestone. It has surpassed $1 billion in total market capitalization, according to CoinMarketCap data. Let’s explore more about PYUSD. PYUSD Hits $1B Market Cap, Competing with Top S
More than half of August has passed, but the crypto market is still stuck in neutral sentiments with minor recoveries here and there. Bitcoin, the biggest cryptocurrency in the market, has surged almo