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Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions

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Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
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Source: Bitcoin.com

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 […]

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Author: Jamie Redman

Related posts:

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  2. Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments
  3. Despite Crypto Uptick, Paypal’s PYUSD Stays Quiet in the Top Ten Stablecoin Race
  4. Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
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