PayPal’s stablecoin PYUSD has seen a 271% increase in market value after being launched on Solana, with 88% of it on the Solana chain
Foresight News reported that the market capitalization of PayPal's stablecoin PYUSD has surpassed $1 billion. Since the launch of PYUSD on Solana, it has grown by 271%, with 88% of PYUSD being held on the Solana blockchain.
