PayPal's stablecoin grows faster on Solana than Ethereum
According to data, the value of PYUSD on Solana is currently over $377 million, while the value on Ethereum is $356 million. PayPal's strategy of attracting DeFi users through incentives is paying off. The key to PYUSD's success is to provide generous incentives for those who use the dollar-pegged stablecoin in the Solana DeFi protocol.
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.
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