<p>The post <a href="https://coinpedia.org/crypto-live-news/paypal-pyusds-records-massive-growth-becomes-the-sixth-largest-stablecoin/" rel="noopener noreferrer nofollow">Paypal PYUSD’s Records Massive Growth, Becomes The Sixth Largest Stablecoin!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Paypal USD (PYUSD) has grown heavily over the last few days, becoming the sixth-largest stablecoin. It entered the market in August 2023 and immediately grabbed everyone’s attention. It has been part of the top 10 stablecoin category, bringing 500,000 transactions to the network. Moreover, in a new milestone, its supply grew by $140.9M in 10 Days, making it the sixth-largest dollar-pegged token. On August 6, this token market valuation was around $651 million, which has now grown to over&nbsp; $791.6 million on August 17.</p>

Paypal PYUSD’s Records Massive Growth, Becomes The Sixth Largest Stablecoin!

CoinPedia News

Other articles published on Aug 17, 2024

Franklin Templeton seeks approval for ‘EZPZ’ crypto index ETF tracking Ethereum and Bitcoin

Smart Money Address Makes $14 Million In Profit By Selling WBTC!

Positive Development in Dubai that Could Change the Status of Cryptocurrencies

Is an XRP ETF Nearer Than We Think? Rollblock Price Makes Another New High, THORChain News

159 Countries Support BRICS New Payment System For De-dollarization!

What Makes Bitcoin a Wise Investment in the Gulf Region?

Join our free newsletter for daily crypto updates!