{"id":12555,"date":"2025-10-03T20:09:46","date_gmt":"2025-10-03T20:09:46","guid":{"rendered":"https:\/\/bitunikey.com\/news\/paypals-pyusd-stablecoin-supply-doubles-to-2-5b-in-a-month\/"},"modified":"2025-10-03T20:09:59","modified_gmt":"2025-10-03T20:09:59","slug":"paypals-pyusd-stablecoin-supply-doubles-to-2-5b-in-a-month","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/paypals-pyusd-stablecoin-supply-doubles-to-2-5b-in-a-month\/","title":{"rendered":"PayPal\u2019s PYUSD stablecoin supply doubles to $2.5b in a month"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">PayPal\u2019s PYUSD supply has surged 113% month-over-month, hitting an all-time high of $2.54 billion.  <\/p>\n<div id=\"cn-block-summary-block_b06ed3b7ed9478749dd7bdacdcc14ba5\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>PayPal\u2019s PYUSD stablecoin doubled its circulating supply, reaching $2.54 billion<\/li>\n<li>Over the past month, the token\u2019s supply surged 113%<\/li>\n<li>USDT and USDC still dwarf all other stablecoins combined <\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>PayPal\u2019s stablecoin PYUSD has broken out of its quiet launch phase. On Friday, Oct. 3, the stablecoin reached an all-time high in circulating supply at $2.54 billion. Over the past month, this figure rose 113%. At the same time:<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">PayPal\u2019s PYUSD outstanding supply and stablecoin transfer volume | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/tokenterminal.com\/explorer\/projects\/paypal\/pyusd?granularity=day\" target=\"_blank\" rel=\"nofollow\">Token Terminal<\/a><\/figcaption><\/figure>\n<p>A circulating supply of $2.54 billion puts PYUSD in seventh place among stablecoins, behind USDe, USDS, DAI, and USD1. Much of that supply, specifically $1.84 billion, is on Ethereum (ETH). At the same time, $624 million worth of PYUSD is on Solana (SOL). <\/p>\n<p>PYUSD transfer volume peaked at $2 billion daily on Sept. 26, according to data from Token Terminal. So far, the stablecoin has facilitated almost $60 billion in total transfers. PYUSD has also reached a milestone of 40,000 holders, a figure that has risen consistently since January 2025.<\/p>\n<p>Still, giants Tether and USDC continue to dominate the market, with $176 billion and $75.9 billion in circulating supply. Together, they account for almost 85% of all circulating supply. PYUSD itself accounts for 0.84% of the stablecoin market.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">PYUSD stablecoin is taking off<\/h2>\n<p>At launch, many called the PYUSD stablecoin a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.marketscreener.com\/news\/latest\/PayPal-stablecoin-A-nothing-burger-or-a-boost-to-crypto-adoption-44565314\/\" target=\"_blank\" rel=\"nofollow\">\u201cnothing burger\u201d<\/a>, citing its limited reach beyond the PayPal and Venmo ecosystem. Still, the firm has worked on decentralizing PYUSD, enabling users to send to external wallets and holding it non-custodially. <\/p>\n<p>PYUSD\u2019s all-time high coincided with the stablecoin market cap breaking the total value of $300 billion. U.S.-denominated stablecoins lead the charge, with USDC growing rapidly. What is more, the monthly stablecoin transfer volume reached $3.27 trillion.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PayPal\u2019s PYUSD supply has surged 113% month-over-month, hitting an all-time high of $2.54 billion. Summary PayPal\u2019s PYUSD stablecoin doubled its circulating supply, reaching $2.54 billion Over the past month, the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=12555"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12555\/revisions"}],"predecessor-version":[{"id":12557,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12555\/revisions\/12557"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/12556"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=12555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=12555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=12555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}