PYUSD Surpasses Ethereum in Supply on Solana Network
Publication Time:2024-08-13 17:26:06
In recent developments, the dollar-pegged stablecoin PYUSD, backed by global payments giant PayPal, has garnered significant attention within the blockchain technology sector. Latest figures show that the supply of PYUSD on the Solana network now exceeds its presence on the Ethereum network. As of the current time stamp, there are 377 million PYUSD tokens circulating on the Solana network, compared to 356 million on the Ethereum network. This groundbreaking achievement not only highlights Solana's advantages in handling large-scale transactions and quick confirmations, but also demonstrates PYUSD's role as an integral part of decentralized finance, as it seeks broader market acceptance and application possibilities.
Ethereum
Solana
Blockchain
PYUSD
stablecoin