According to the latest August crypto market report released by Dapprader, PayPal's USD stablecoin PYUSD was coldly received by the market in the first month after its launch, with an average daily trading volume that basically failed to exceed $100,000. In addition, the adoption rate of PYUSD was also very low, with only one non-trading wallet holding more than $10,000 in tokens so far. The report also revealed that another USD stablecoin USDC landed on the Base chain in early September, but its market value has shrunk by 50% in the past 14 months. However, Circle is planning to deploy USDC to Optimism and four other blockchains by November.