PayPal's stablecoin, PYUSD, has surpassed a $500 million market cap after its expansion to the Solana blockchain in May. This 90% surge in supply indicates growing adoption, with weekly transaction volume exceeding $500 million!Solana developers are calling PYUSD a "sleeper hit" that positions the network as a serious contender in the financial space. This could potentially disrupt the dominance of Coinbase and Circle in bridging traditional finance with crypto.Bullish on the future of stablecoins and their role in mainstream adoption!
