100M $PYUSD Transferred from #Paxos to #Ethena
100M $PYUSD (≈100M) moved from #Paxos to #Ethena.
PayPal USD (PYUSD) is a U.S. dollar-pegged stablecoin issued by Paxos Trust Company under the PayPal brand. It is fully backed by U.S. dollar deposits, short-term U.S. Treasuries, and comparable cash equivalents, and can be redeemed on a one-to-one basis for U.S. dollars. PYUSD is designed primarily for use in payments, extending the role of stablecoins into everyday digital commerce within PayPal's network. The token operates across multiple blockchain environments, including Solana, Arbitrum, Ethereum, Starknet, and Stellar, giving it broad multi-chain reach. As a fiat-backed stablecoin, its value is intended to track the U.S. dollar, and it is issued under U.S. regulatory oversight through Paxos, placing it within the "Made in USA" category. Its listing on the Paxos ecosystem reflects the issuing infrastructure, while the diversity of supported chains highlights its design for cross-network settlement and payment use cases.
100M $PYUSD (≈100M) moved from #Paxos to #Ethena.
502.7M $PYUSD (≈502.9M) moved from #Ethena to unknown wallet.
170M $PYUSD (≈170M) moved from unknown wallet to #Ethena.
171.1M $PYUSD (≈171.1M) moved from unknown wallet to #Ethena.
Mastercard is expanding its stablecoin settlement infrastructure to support three major dollar-pegged assets: Circle's…
The framework spans six chains and gives banks intraday, weekend and holiday settlement — pushing card-network plumbing closer to an always-on model and turning stablecoins into routine settlement…
Sixfold monthly growth is real, but USAT's market cap is still under 0.2% of USDC's — the GENIUS Act is opening the door, and Tether is walking in through Anchorage last.
124M $PYUSD (≈124M) moved from #Paxos to unknown wallet.
Total stablecoin supply crossed $300B but net monthly growth is just $0.9B — the new money is concentrating inside USDT rather than expanding the broader market, a concentration risk the rest of the…
Senior voices at Consensus Miami frame crypto as the only settlement layer autonomous agents can actually use — a structural thesis, not a feature pitch, with 120 partners already on board.
MoonPay, Ripple and Paxos leaders told Consensus Miami 2026 the GENIUS Act cleared the runway, but privacy, distribution and consumer rails still gate the next leg of stablecoin growth.
The three-segment restructure puts PYUSD and processing under one roof, signaling PayPal is treating stablecoins as a core payments rail rather than a side experiment.
The GENIUS Act bars issuers from paying holders yield directly, but the $320B stablecoin market's economics still flow through exchanges, custodians, card networks, and banks — and that…
PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S.
PayPal USD (PYUSD) is categorised as: Stablecoins, USD Stablecoin, Solana Ecosystem.
The official PayPal USD site is https://www.paypal.com/us/digital-wallet/manage-money/crypto/pyusd.
Most recent PayPal USD coverage: "100M $PYUSD Transferred from #Paxos to #Ethena" — read at /en-US/a/100m-pyusd-transferred-from-paxos-to-ethena.