PayPal USD Soars 200% in Just 90 Days, Benefiting from Regulatory Pressure on Tether

PayPal’s stablecoin PYUSD has experienced explosive growth, soaring over 200% in just 90 days. This surge is fueled by increasing adoption across the DeFi ecosystem and a shift in market sentiment amidst regulatory scrutiny of rival stablecoin issuer Tether. PayPal’s recent expansion to Solana and Arbitrum via LayerZero integration has significantly contributed to this rapid growth, enhancing PYUSD’s accessibility within decentralized finance platforms and driving more Web3 user adoption for stablecoin transactions.