As reported by ChainCatcher, PayPal’s PYUSD stablecoin supply grew 90% after expanding to the Solana blockchain in May, and as of July 8, its market cap has exceeded the $500 million mark. According to DeFillama, the total supply of PYUSD on Solana and Ethereum has reached about $520 million as of July 8. There are $399 million on Ethereum, accounting for 77% of the total supply, while there are $118.65 million on Solana, equivalent to 23% of its supply. However, its adoption rate on the Solana network is rising, with supply on the network growing by about 58% in the past week. In contrast, the supply of PYUSD on Ethereum has fallen by 6% over the same period.