🚀 **PayPal's PYUSD Stablecoin Hits $1 Billion Milestone!**

- PayPal's stablecoin, PYUSD, has reached a whopping $1 billion in supply, according to CoinMarketCap.

- The token's expansion to the Solana ecosystem played a significant role, with its supply on Solana surpassing that on Ethereum.

- Yield incentives on DeFi protocols have been crucial, says Tom Wan from 21.co.

- Monthly active wallet addresses surged to 25,000 in July, up from 9,400 in May.

- Solana-based protocols like Kamino, Drift, and Marginfi are offering double-digit annualized yields for PYUSD deposits.

- However, questions remain about the sustainability of these incentives.

What do you think about PYUSD's growth? Share your thoughts in the comments! 💬