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According to on-chain data, the supply of PYUSD has increased to 399,102,730.39 units, with approximately 8,761 holders, and the on-chain volume has reached 112,927 transactions.


Yesterday, PayPal announced that it has chosen the Solana blockchain to expand its stablecoin, PayPal USD (PYUSD), marking its first expansion beyond the Ethereum ecosystem. According to the announcement, PYUSD has been added to the Solana network, allowing users to transact at lower costs. This move aims to expand the utility of PYUSD stablecoin as a payment method for small and daily purchases.
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