PayPal’s Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana

Source: CoinDesk The payments company’s stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain and DeFi reward programs reignited the token’s growth. PayPal’s PYUSD reached $1 billion in supply, per CoinMarketCap data. The stablecoin benefited from its expansion to the bustling Solana ecosystem, with… Continue reading PayPal’s Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana