In just the last ten days, the supply of Paypal’s PYUSD stablecoin has increased by $140.9 million, making it surpass Tron’s USDD and become the sixth largest stablecoin by market capitalization. According to statistics, this increase has solidified PYUSD’s position as one of the notable options in the cryptocurrency space, especially since it is pegged to the US dollar, one of the most popular and stable currencies in the world. This also represents the rapid growth of PYUSD in recent times, as it attracts more and more attention from the cryptocurrency community and investors.
image source: PXHere
