Mastercard's Chief Product Officer Jorn Lambert pointed out that stablecoins face challenges in user experience and channel coverage in the payment sector, with 90% of transactions still concentrated on encryption assets. Mastercard is committed to connecting TradFi with digital assets, supporting multiple stablecoins, and plans to promote the application of stablecoins through its global merchant network.

Paxos released the transparency report of PYUSD in December 2024, showing that the total circulation of Tokens decreased to $497,959,719; the total amount of US Treasury collateralized reverse repurchase protocol is about $487,993,500, with cash deposits of about $21,401,062, and the collateral in the total net assets is about $509,394,562.

Infrastructure platform Paxos announces the launch of the Stable Coin payment platform on the Block chain, which supports instant conversion between USD and PYUSD, USDP and USDC when making, spending, and refunding payments with various Stable Coins, making it easier for merchants to accept Stable Coin payments. Users can choose to convert to fiat coinSettlement immediately or directly pay with the Stable Coin balance, and merchants can also issue refunds by converting fiat coin to the originally used Stable Coin. This solution supports PYUSD, USDP, and USDC.

PANews reported on August 13th that according to DeFillama data, the supply of PayPal's Stable Coin PYUSD on Solana has now surpassed that on the Ethereum network. The total market value of PYUSD is currently $684 million, with PYUSD on Solana accounting for 51.47% and PYUSD on Ethereum accounting for 48.53%.

Odaily Planet Daily News According to PayPal, the total market supply of the Stable Coin PYUSD pegged to the US dollar has exceeded 500 million coins. In just the past month, the supply of the Stable Coin has risen from 270 million to over 533 million. It is reported that the rise in the supply of PYUSD comes from its expansion to the Solana network in May.

Odaily News PayPal has announced that it has introduced its stablecoin PYUSD to Stellar for cross-border remittances and payment financing. PYUSD is already running on Ethereum and Solana. This collaboration will enable small and medium-sized enterprises facing accounts receivable latency or pre-financing requirements to access a new source of real-time operating capital. (CoinDesk)

TrueX announced the completion of a $11 million Series A funding round, led by Accomplice and RRE Ventures. The new funds will be used for asset protection, external custodian support, and more. TrueX's preferred trading token is PYUSD, and Paxos will provide custody services for users, planning to open services to US and some international institutions.

Golden Finance reported that the stablecoin native Crypto Assets exchange TrueX announced the completion of a $11 million Series A financing, led by Accomplice and RRE Ventures, with participation from Reciprocal Ventures, Variant, and payment giant PayPal. The new funds are intended to support external custodians like Paxos Custody in asset protection. Currently, TrueX uses PayPal's stablecoin PYUSD as its preferred trading Token, and Paxos provides third-party custody services for TrueX's users, with the expectation that these services will first be available to U.S. institutions and some international institutions in certain regions.

According to the Gate.io News bot and Cryptonews, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into PayPal's stablecoin PYUSD and has not taken any enforcement action. According to documents disclosed by PayPal on Tuesday, the SEC's enforcement division notified the termination of the investigation in February 2025 after issuing a document subpoena in November 2023. PayPal mentioned in the document that the regulatory environment is constantly changing, and future legislation poses costs and risks for stablecoin issuers and their partners. If PYUSD is involved in illegal transactions, its issuers and partners will face legal disputes.

Gate.io News bot, according to Bloomberg, PayPal will launch the PYUSD stablecoin holding reward program in the summer of 2024. Under the program, U.S. users holding PYUSD stablecoins in PayPal and Venmo wallets earn 3.7% per year, with earnings calculated daily and distributed monthly. The PYUSD earnings obtained by users have various uses, including exchanging for fiat currency, transferring to other users, making international remittances, and making payments on the PayPal Checkout platform. Source: Wu Says

Odaily News PayPal will offer its PayPal USD (PYUSD) stablecoin to U.S. users with an annual return rate of 3.7%, with earnings accumulating daily and paid monthly. The plan is set to launch this summer and aims to increase the adoption of PYUSD. This move is reportedly one of PayPal's initiatives to enter the crypto assets space, as the company seeks to establish new payment channels in this sector. (CoinDesk)

PayPal announced the launch of the PYUSD holding rewards program, allowing US users to earn a 3.7% annual yield by holding PYUSD through PayPal and Venmo Wallets. The company aims to enhance the usage of stablecoins within the Payment Network, viewing them as a core component of future payment infrastructure.

PayPal plans to increase the adoption rate of PYUSD stablecoin in 2025, launch billing payment products, allow small and medium-sized merchants to choose to use PYUSD to pay suppliers, and add PYUSD as an option for global payment through Hyperwallet. This move will be launched in the first half of this year, and by the end of 2025, merchants will also be able to use CryptocurrencySettlementPayPal transactions. The CEO of PayPal stated that the concept of Block will be realized.

PANews reported on February 26th that PayPal will integrate PYUSD as a global payment option on its payment platform Hyperwallet, with implementation expected to start in the first half of this year. Hyperwallet, acquired by PayPal, is mainly used for cross-border payments and enterprise Settlement.

PayPal's US dollar stablecoin PYUSD is now using LayerZero to simplify transfers between ETH and Solana, ensuring fast, secure, and cost-effective transactions for users and businesses. The Market Cap of PYUSD on ETH is approximately $350 million, while the supply on Solana has plummeted to $186 million.

According to the Gate.io News bot, data from Artemis shows that the supply of Ethena USDtb has risen to $1.3 billion in the past month, ranking second among stablecoins, only behind Circle USDC. The data indicates that the current supply of USDtb has surpassed the PYUSD issued by PayPal and is close to the FDUSD issued by First Digital Labs. According to reports by Wu, 90% of the reserve assets of Ethena USDtb are supported by BlackRock's BUIDL fund.

PitchBook analysts pointed out that with PayPal and major banks entering the Stable Coin market, Tether and Circle face competitive risks. Although the two currently occupy 90% of the market share, this dominant position may be challenged. It is expected that the Stable Coin market will face more competition, and market share may be squeezed.

Odaily Planet Daily News Standard Chartered Bank announced that it will provide cash management, trading, and custody services for Paxos stablecoin issuance outside the United States. Paxos has issued Lift Dollar (USDL) (Market Cap $54 million) in Abu Dhabi and Global Dollar (USDG) (Market Cap $29 million) in Singapore. In addition, Paxos has also issued Paypal USD

On July 4th, Kamino announced on X platform that the weekly incentive for PYUSD will be increased by 64% to 192,000 coins, previously 117,000 coins. According to previous disclosures by Kamino x.

Paxos officially released the February 2025 PYUSD Transparency Report, which showed that the total amount of tokens in circulation rose significantly to about $750 million, and the market value of collateral in net assets exceeded $770 million. According to Paxos, the PYUSD token is over-collateralized to ensure stability and has a standby collateral in the event of a default. The risk of loss is low.

BlockBeats news, on September 22, according to Defillama data, the supply of PYUSD in the past 7 days has decreased by 8.50%, with a Market Cap of 7.0574 billion US dollars. The supply has decreased by in the past 30 days.

Golden Finance reported that on-chain data shows the supply of PYUSD has dropped to 381,972,707.11, with approximately 10,638 holders, and the number of on-chain transactions reaching 166,107.

The main situation of the stablecoin market in February is: USDS market value increased by 64%, PYUSD increased by 49%, USDT market value reached about $143 billion (only $2.5 billion was added in February), and USDC increased by 7%. However, USDe and DAI have seen a decline in market capitalization.

Paxos released the transparency report of Stable Coin PYUSD in January 2025, disclosing unaudited data related to PYUSD, including the total circulation of Token dropping to $482,747,103, the market value of collateralized US Treasury repurchase agreements protocol being around $464,985,360, the market value of collateralized cash deposits being around $28,588,701, and the market value of collateralized assets in total net assets being around $493,574,061.

Golden Finance reported that on-chain data shows the total circulation of the USD stablecoin PYUSD launched by PayPal has dropped below 400 million, now reported at 398,936,871.41 coins, with a circulating supply Market Cap of 399,308,456.00 USD, an on-chain Market Cap of 398,750,567.89 USD, and holder Address reaching 10471.

Golden Finance reported that on-chain data shows that the total supply of the USD stablecoin PYUSD launched by PayPal has exceeded 400 million, with a current supply of 404,371,487.78 coins and a circulating supply market capitalization of $403,512,150.00. The on-chain market capitalization is $403,445,072.70, and there are 9,922 holder addresses.

PANews February 3rd news, according to on-chain transaction information, the domain name "pyusd.sol" associated with PayPal Stable Coin PYUSD has been sold for 9500

Regulated Digital Bank FV Bank in the United States integrates PayPal USD, which can be directly deposited and paid, and can also be converted to USD instantly. It is the only bank in the United States that supports deposits of USDC, USDT, and PYUSD. It can pre-screen transactions related to sanctioned entities or Anti-Money Laundering activities to ensure Compliance.

The Stablecoin PYUSD, launched by Paypal, has reached a market capitalization of $1 billion on Solana, surpassing $1.0085 billion. This milestone represents double the speed of USDC and triple the speed of USDT. It demonstrates Paypal's success in the field of Digital Money since the initial issuance of PYUSD in 2023.

ChainCatcher message, FV Bank in the United States has stated that it has integrated PayPal USD (PYUSD) for direct deposits and outgoing payments, and can be instantly converted to US dollars. FV Bank

Odaily Planet Daily News Aave announced on X platform that the additional annual 4% deposit incentive for PYUSD has taken effect. This incentive will last for 6 months, with a target deposit amount of 75 million units. If PYUSD

PayPal uses PYUSD to complete the first commercial transaction, Meson.fi announces support for PYUSD's cross-chain interaction transaction, and provides API interfaces. This will accelerate the application of Digital Money in B2B payments and the Decentralized Finance ecosystem.

Paypal announced the launch of Stable CoinPYUSD on Solana, which will hold a global Hacker hackathon with a total prize of 40,000 PYUSD, aiming to promote innovation and the adoption of PYUSD on Solana. The Hacker hackathon will be held from August 12th to September 16th. The Paypal technical team stated that this marks a new phase of opportunities and adoption for PYUSD's Stable Coin payments.

BlockBeats news, on August 2nd, PayPal Stable Coin PYUSD Market Cap reached 6.12 billion US dollars. In the past month, the supply of PYUSD has risen by 23.2%. The rise in the supply of PYUSD occurred after it expanded to the Solana network in May, and there are currently approximately 2.59 billion PYUSD Tokens issued on Solana.