PYUSD has around 8,600 holders on the Ethereum blockchain and a market cap of a tick under $400,000
At Consensus 2024, PayPal Holdings, Inc. (NASDAQ: PYPL) announced that PayPal USD (PYUSD) is now available on the Solana blockchain, making PayPal's stablecoin faster and cheaper to use. The availability of PYUSD on Solana provides users1 with the choice of multiple blockchains allowing for increased flexibility and control.
Former Uber and Plaid executives are leading the charge on PayPal’s advertising-business initiative.