DeFi

PayPal’s Solana-based PYUSD hits $240M, closing the gap with Ethereum’s $348M supply

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PayPal’s stablecoin $PYUSD, built on the Solana network, is rapidly closing the supply gap with its Ethereum counterpart

PayPal’s stablecoin, $PYUSD, built on the Solana network, is rapidly closing the supply gap with its Ethereum counterpart.

Since its launch about three weeks ago, Solana-based $PYUSD has reached a supply of $240 million, compared to Ethereum’s $348 million. This rapid growth underscores the strength and efficiency of the Solana network, as multiple sources have pointed out.

This is an AI-generated article powered by DeepNewz, hosted by The Defiant. For more information, including article sources, visit DeepNewz.

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