X @BSCN
PAYPAL'S STABLECOIN TAKES A $300 MILLION HITAccording to @whale_alert, some $300 million worth of @PayPal's $PYUSD stablecoin was burned today, likely reflecting a major redemption.A glance at $PYUSD's market cap chart shows a sudden reduction, the value falling from $4.22 billion to just $3.72 billion at time of writing, in the space of just two days. ...