Title: Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
Post by: Bitcoin on Aug 07, 2024, 06:30 am
Post by: Bitcoin on Aug 07, 2024, 06:30 am
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 […]
Source: Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions (https://news.bitcoin.com/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 […]Source: Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions (https://news.bitcoin.com/stablecoin-market-sees-pyusd-supply-swell-while-usde-shrinks-with-redemptions/)