Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions

[Bitcoin]

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