Ana Paula Pereira / Cointelegraph:

Nansen: ~90% of PayPal's stablecoin is held in issuer Paxos Trust's wallets, suggesting a “lack of demand from crypto users for PYUSD” that launched on August 7  —  PayPal's stablecoin debut raised hopes for broader adoption and an introduction of cryptocurrencies to the masses.

Ana Paula Pereira / Cointelegraph:

Nansen: ~90% of PayPal's stablecoin is held in issuer Paxos Trust's wallets, suggesting a “lack of demand from crypto users for PYUSD” that launched on August 7  —  PayPal's stablecoin debut raised hopes for broader adoption and an introduction of cryptocurrencies to the masses.

Source: TechMeme
Source Link: http://www.techmeme.com/230826/p2#a230826p2