PAYPAL'S STABLECOIN SURPASSES $500 MILLION MARKET CAP

Summary from the TLDR Crypto newsletter

PYUSD, which expanded to the Solana network in May, has surpassed $500M in market cap. The stablecoin's expansion to a mix of centralized and DeFi platforms has helped increase its supply from $270M to over $530M in 1 month.