In accordance with Bpaynews, PayPal’s PYUSD stablecoin has seen a significant increase in market capitalization, rising from $1.2 billion in September to approximately $3.8 billion as of December 2025. The stablecoin also recorded a 150% increase in trading volume, with 1.8 million transactions in November alone. PYUSD has become the second fastest-growing stablecoin in Q3 2025, trailing only Ethena’s USDe, which grew by 173%.
PayPal PYUSD Stablecoin Surpasses $3.8 Billion Market Cap in 2025
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