PayPal’s PYUSD Supply Jumps 90% Following Solana Integration, Market Cap Reaches $500 Million
PayPal's PYUSD stablecoin has seen a dramatic 90% increase in supply following its integration with the Solana blockchain, pushing its market cap beyond $500 million. This growth, driven by significant adoption in Solana’s DeFi ecosystem and high yields offered by Kamino Finance, has also led to a substantial boost in trading volume.