{"id":411531,"date":"2025-11-18T05:54:16","date_gmt":"2025-11-18T00:24:16","guid":{"rendered":"https:\/\/dripp.zone\/news\/paypal-stablecoin-supply-jumps-22-crypto-news\/"},"modified":"2025-11-18T06:02:42","modified_gmt":"2025-11-18T00:32:42","slug":"paypal-stablecoin-supply-jumps-22-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/paypal-stablecoin-supply-jumps-22-crypto-news\/","title":{"rendered":"PayPal Stablecoin Supply Jumps 22% &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>The fintech giant\u2019s native stablecoin, PYUSD, added more than $600 million to its circulating supply over the last week.<\/p>\n<div>\n<p>PayPal\u2019s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/podcasts-and-videos\/podcast\/inside-the-pyusd-s-takeover-of-paypal-with-may-zabaneh-vp-crypto\" target=\"__blank\" rel=\"noopener noreferrer \">PYUSD<\/a> continues to climb the stablecoin ranks, adding another 22% to its market capitalization over the past seven days.<\/p>\n<p>PYUSD leads the stablecoin space in growth over the last week, with <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.artemisanalytics.com\/stablecoins\" target=\"__blank\" rel=\"noopener noreferrer \">$625 million<\/a> of PYUSD minted since Nov. 10. It ranks third in positive stablecoin growth over the last month, trailing Tether\u2019s USDT and Sky\u2019s USDS. <\/p>\n<figure><figcaption class=\"text-center text-xs\">7d Stablecoin Flows &#8211; Artemis Terminal<\/figcaption><\/figure>\n<p>The newly minted PYUSD made its way onto Ethereum, bringing the total supply on Ethereum up to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/stablecoin\/paypal-usd\" target=\"__blank\" rel=\"noopener noreferrer \">$2.38 billion<\/a>, accounting for almost 70% of the total PYUSD supply.<\/p>\n<p>The jump comes just one month after Paxos, which issues PYUSD, accidentally minted <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/paxos-mints-and-burns-usd300-trillion-pyusd-on-ethereum\" target=\"__blank\" rel=\"noopener noreferrer \">$300 trillion worth of PYUSD<\/a> on Ethereum, which was promptly burned after the incident.<\/p>\n<p>Following last week\u2019s jump, PYUSD is now the sixth-largest stablecoin in decentralized finance (DeFi). It accounts for just over <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/stablecoins\" target=\"__blank\" rel=\"noopener noreferrer \">1%<\/a> of the total $303 billion stablecoin market, which is largely dominated by USDT, with a $183 billion market capitalization, and USDC, with a $74 billion valuation.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The fintech giant\u2019s native stablecoin, PYUSD, added more than $600 million to its circulating supply over the last week. PayPal\u2019s PYUSD continues to climb the stablecoin ranks, adding another 22% to its market capitalization over the past seven days. PYUSD leads the stablecoin space in growth over the last week, with $625 million of PYUSD [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":411532,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-411531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/411531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=411531"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/411531\/revisions"}],"predecessor-version":[{"id":411533,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/411531\/revisions\/411533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/411532"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=411531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=411531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=411531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}