• Aug 27, 2024

PayPal's stablecoin, PYUSD, has achieved a significant milestone, surpassing a $1 billion market capitalization last week, according to CoinMarketCap data.

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  • Aug 17, 2024

PayPal USD (PYUSD) has rapidly ascended in the stablecoin market, achieving the status of the sixth-largest stablecoin within a short span.

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  • Aug 10, 2024

Since its expansion to the Solana blockchain on May 29, PayPal USD (PYUSD) has experienced a dramatic 150% increase in its market capitalization, according to DefiLlama data. The stablecoin’s total market value has surged to $684 million, reflecting significant growth and adoption since its launch on Solana.

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  • Jun 6, 2024

Paxos, a notable figure in the stablecoin sector, has introduced a fresh stablecoin called Lift Dollar (USDL) via its subsidiary Paxos International, based in the UAE.

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  • Jun 1, 2024

PayPal has expanded its PYUSD stablecoin onto the Solana blockchain, introducing a new feature called "confidential transfers." This feature allows merchants to keep transaction amounts confidential while maintaining regulatory visibility.

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  • May 29, 2024

PayPal has revealed its decision to adopt the Solana blockchain for expanding its stablecoin, PayPal USD (PYUSD), marking a significant departure from its previous reliance on the Ethereum ecosystem.

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