Paypal's PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year

On Aug. 26, Paypal's PYUSD PYUSD - $0.999423004640545 stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on Ethereum, PYUSD PYUSD - $0.999423004640545 has seen a significant shift, with most of its tokens now issued on Solana.

Source: news.bitcoin.com

Related symbols: STABLEUSD

2024-08-26 16:40:01 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $0.999423004640545

Volume 24h: $24,515,176.78

Market Cap: $731,771,217.92

Description

PayPal USD (PYUSD) is a cryptocurrency and operates on the Ethereum platform. PayPal USD has a current supply of 722,178,585.20561. The last known price of PayPal USD is 0.99928181 USD and is down -0.02 over the last 24 hours. It is currently trading on 81 active market(s) with $24,705,899.99 traded over the last 24 hours. More information can be found at https://www.paypal.com/pyusd.