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Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions

 Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions

 

Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has experienced notable shifts. Over the last 22 days, Paypal’s PYUSD supply increased by more than 70%, while Ethena’s USDE saw an 8.82% decrease within the past 13 days. Ethena’s USDE Drops […] 

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