PayPal’s PYUSD Stablecoin Hits B Market Cap as Exercise Booms on Solana (SOL) Blockchain Amid DeFi Rewards

PayPal’s PYUSD Stablecoin Hits $1B Market Cap as Exercise Booms on Solana (SOL) Blockchain Amid DeFi Rewards

by Jeremy

“My sense is that these incentives usually are not sustainable, however they aren’t designed to be everlasting,” David Shuttleworth, accomplice at analysis agency Anagram, advised CoinDesk. “A part of the thought right here is to get extra PYUSD into circulation and get customers, particularly new ones, on-chain and energetic on the Solana ecosystem.”

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