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MILESTONE | PayPal’s PYUSD Stablecoin Surpasses $1 Billion Market Capitalization – Doubling Since Start of 2025

Summary by bitcoinke.io
PayPal’s U.S. dollar-backed stablecoin, PYUSD, has returned to the spotlight after its market capitalization crossed the $1 billion threshold – matching its all-time high first reached in August 2024. The stablecoin’s circulating supply now sits at approximately $1.01 billion, more than doubling from a local low of $498 million at the start of 2025. According to DeFiLlama, $PYUSD is now the 10th largest stablecoin by market cap as of June 2025. …
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bitcoinke.io broke the news in on Thursday, June 12, 2025.
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