PayPal stablecoin
drives stablecoin to $1 billion PayPal launched its stablecoin on Ethereum in August 2023 and expanded market capitalization surged to $1 billion. The SOL network accounts for 64% of the stablecoin’s market share. with token incentives that boost the asset’s adoption in DeFi protocols like Kamino Finance and Syndica.io.
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PayPal's Stablecoin Hits $1B Market Cap as Incentives Boost Activity on SolanaKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
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