The stablecoin market is lounging in the $300 billion penthouse, clocking in at a tidy $308.218 billion per defillama.com data. Meanwhile, Paypal’s PYUSD has muscled its way into sixth place among stablecoins, now flaunting a cool $2.761 billion in circulation after an explosive climb this year. Paypal’s Digital Dollar Joins the Frenzy of Stablecoin Heavyweights
