According to Cryptopolitan, PayPal's PYUSD stablecoin market cap has surged from a low of $1.20 billion in September to around $3.80 billion currently.
In November, the supply of PYUSD increased by about 113%, and the transaction volume increased by 150% to 1.80 million. Although PYUSD is relatively new compared to Tether's USDT and Circle's USDC, in the third quarter of 2025, the stablecoin became the second fastest growing stablecoin, behind Ethena's USDe (up 173% in the same period). This growth is mainly attributed to PayPal's extensive network.
PayPal stablecoin PYUSD market cap rises from $1.20 billion to $3.80 billion
2025-12-03 11:16:47
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