PayPal's Solana-Based $PYUSD Reaches $240M, Closing Gap with Ethereum's $348M Supply

PayPal's stablecoin, $PYUSD, built on the Solana network, is rapidly closing the supply gap with its Ethereum counterpart.

Since its launch approximately three weeks ago, the Solana-based $PYUSD has reached a supply of $240 million, compared to $348 million on Ethereum. This rapid growth highlights the strength and efficiency of the Solana network, as noted by multiple sources.

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