Solana-Based PYUSD Stablecoin Approaches $240 Million in Supply Since May Launch
According to Dune Analytics dashboard data cited by the Solana Foundation, the Solana-based PYUSD stablecoin is now approaching $240 million in supply since its launch in May, compared to approximately $348 million in supply for the ethereum-based PYUSD token, which was launched on ethereum nearly a year ago. Sheraz Shere, General Manager of Payments at Solana Foundation, said, "This rapid growth underscores the strength and efficiency of the Solana network."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve's Powell: In Some Cases, a Rate Cut This Year is Appropriate
Powell: The Impact of Tariffs Has Been Much Greater Than Expected So Far
All three major U.S. stock indexes closed higher
Trending news
MoreCrypto prices
More
