Based on ChainThink, data from DeFiLlama shows PayPal's stablecoin PYUSD has seen a rapid increase in supply, surging from a $1.2 billion market cap in September to over $3.8 billion currently. PYUSD has become the sixth-largest stablecoin, with a growth of more than 36% in the past month.
PayPal's PYUSD Stablecoin Supply Surpasses $3.8 Billion, Gaining 36% in a Month
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