PayPal’s $PYUSD Market Cap Drops 40% From Peak, Foul Play Speculated
✨ $PYUSD's market cap dropped 40% after initial summer growth driven by high-yield incentives from Kamino Finance.
✨ Financial incentives tapering off led to the evaporation of $PYUSD's temporary success and adoption spike.
✨ PayPal's $PYUSD faces challenges; the firm received subpoena from the SEC in November 2023.
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