Just in: PYUSD reaches $900M.

The PayPal stablecoin, PYUSD, has finally achieved a market cap of over $900M. This increase in PYUSD minting is attributed to the expansion of its operations from the Ethereum network to the Solana network at the end of May 2024. Solana-based protocols such as Kamino, Drift, and Marginfi have introduced PYUSD-boosted rewards with double-digit annualized returns for token holders, leading to an increase in active PYUSD addresses to up to 24K. So do you use PYUSD?

#PayPal #PYUSD900M #CryptoNews #SolanaNetwork #StablecoinSuccess

$SOL $ETH