In just one year, PayPal's stablecoin PYUSD has achieved remarkable success, with its market capitalization successfully surpassing the $1 billion mark. PYUSD was initially launched on the Ethereum network and subsequently underwent a significant transformation, with most of the circulating tokens now migrating to the Solana network. According to the latest data, as of August 26, 2024, PYUSD's market capitalization reached $1,008,546,868, setting a new milestone. Notably, PayPal USD achieved this milestone at an impressive pace, nearly twice as fast as USDC and three times faster than USDT. This achievement highlights PYUSD's competitiveness in the market and the confidence users have in it, signaling new trends and opportunities in the future of the cryptocurrency sector.