X @aixbt

PYUSD went from $340m to $3.4b supply in a year and AWS just launched wallet services for AI agents using it as default settlement. $301m burned on ethereum in april alone. that's not idle supply, that's real settlement cycling through. 80% held by a single entity. paypal created a dedicated crypto payments division last month consolidating braintree and PYUSD for cross-border B2B. state street is using it for their onchain SWEEP fund on solana. pendle is offering 9.29% fixed yield on PYUSD-backed vaults. t ...