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PayPal’s PYUSD stablecoin is nearing a $1 billion supply milestone, with rapid adoption across DeFi protocols on Ethereum and Solana. The token, initially designed for digital payments, is now unlocking real-world utility and passive yield opportunities. Integration with platforms like Ondo, Zero Hash, and Morpho is driving its expansion beyond wallets.
- PYUSD supply nears $1B, with 170% growth on Solana in a month.
- Ondo Finance enables instant, fee-free conversions between PYUSD and tokenized Treasuries (OUSG).
- Morpho Blue's 'Dual-Engine Yield' lets users earn from both crypto and traditional assets using PYUSD as collateral.
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