Payments giant PayPal’s (PYPL) stablecoin PYUSD is coming to Solana almost a year after first debuting on the Ethereum blockchain.

The launch could bring new interest to a modestly sized crypto asset that hasn’t caught fire despite its name-brand backing. PYUSD has around 8,600 holders on the Ethereum blockchain and a market cap of a tick under $400 million—tiny compared to the largesse of its competitors from Circle and Tether, crypto-native firms.

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