Previous close | 1.4800 |
Open | 1.2500 |
Bid | 1.1000 |
Ask | 1.3000 |
Strike | 95.00 |
Expiry date | 2025-03-21 |
Day's range | 1.2400 - 1.3200 |
Contract range | N/A |
Volume | |
Open interest | 738 |
PYUSD has around 8,600 holders on the Ethereum blockchain and a market cap of a tick under $400,000
At Consensus 2024, PayPal Holdings, Inc. (NASDAQ: PYPL) announced that PayPal USD (PYUSD) is now available on the Solana blockchain, making PayPal's stablecoin faster and cheaper to use. The availability of PYUSD on Solana provides users1 with the choice of multiple blockchains allowing for increased flexibility and control.
Payment giant PayPal (NASDAQ:PYPL) has officially deployed its fiat-backed stablecoin, PayPal USD (PYUSD/USD) on the Solana blockchain, which is popular for its cheap, quick transactions and the backing of numerous ecosystem applications. Per its official statement, this integration makes PYUSD transactions faster and cheaper, offering users increased flexibility and control by providing the option to use multiple blockchains. The integration with Solana ensures that PayPal and Venmo wallets display PYUSD as a unified balance.