PayPal's stablecoin, PYUSD, is bridging gaps—literally! Thanks to LayerZero's magic, PYUSD can now hop between Ethereum and Solana like a crypto kangaroo. 🦘
- PYUSD hit a $1B market cap in August but has since slimmed down to $513M. Solana's slice shrank, while Ethereum's grew—talk about a blockchain diet!
- PayPal's been busy: from launching PYUSD on Solana to teaming up with MoonPay for crypto purchases. They're even offering rewards for custodying PYUSD with Anchorage Digital.
- Despite all this, PYUSD is still the little sibling to Tether and USDC, who are flexing with $118B and $35B market caps.