10:38
The market capitalization of PayPal's stablecoin PYUSD has risen from $1.2 billion in September to the current $3.8 billion.
PayPal's PYUSD stablecoin market cap has soared from $1.2 billion in September to approximately $3.8 billion, with supply and trading volume increasing by 113% and 150%, respectively. Despite being relatively new, its growth rate is impressive, second only to Ethena's USDe, mainly benefiting from PayPal's extensive network.

