PayPal USD Circulation Surpasses 2.6 Billion Tokens
- PayPal USD circulation hits new high, increasing by 125.5%.
- Reported by KPMG, endorsed by Paxos.
- Changes affect Ethereum-based DeFi markets.
The circulation of PayPal USD (PYUSD) has surpassed 2.6 billion tokens as of mid-October 2025, rising by 125.5% since August. This expansion is supported by KPMG’s assurance report, confirming collateral of $2,652,728,424.
PayPal USD (PYUSD) has surpassed a circulation of 2.6 billion tokens by mid-October 2025, marking a 125.5% increase since August, according to a KPMG report . Paxos Trust Company issued this stablecoin on behalf of PayPal Inc.
Stablecoin growth highlighted by PayPal USD’s increasing circulation indicates enhanced liquidity and DeFi activity on Ethereum’s network, yet price effects remain unclear.
“The growing use of stablecoins is driving a significant increase in on-chain activity on both Ethereum’s Layer 1 and Layer 2 networks, but this fundamental improvement has not yet been fully reflected in market prices.” — Tom Lee, Managing Partner, Fundstrat
Paxos Trust Company has confirmed that the total circulation of PYUSD exceeded 2.6 billion tokens. This shows a 125.5% surge since August. Data in the KPMG attestation report corroborates their role in issuing PYUSD for PayPal.
The increase in the PYUSD supply is expected to lead to greater liquidity across Ethereum’s networks. Such surges often increase liquidity in DeFi applications. However, despite this increase, market prices have not significantly adjusted.
Financial and market implications may include increased liquidity in lending and swap platforms. Paxos reported $2,652,728,424 in backing collateral, supporting the current PYUSD supply. This emphasizes ongoing commitment to collateralization standards critical for market stability.
The broader implications of such circulation events could lead to shifts in DeFi market dynamics. Historical trends suggest stablecoin expansions often facilitate increased blockchain activity. Regulators have not released new updates, but sector monitoring remains vital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP News Today: Investors Exchange XRP's Volatility for the Deflationary Stability of $NNZ
- Experienced traders are shifting capital to Noomez ($NNZ), a Solana-based meme coin with structured deflationary mechanics and transparent tokenomics. - $NNZ's 28-stage presale features price escalation, token burns, and on-chain visibility via the Noom Gauge dashboard, differentiating it from hype-driven projects. - Analysts highlight $NNZ's scarcity-driven model and staking rewards as advantages over XRP amid Ripple's regulatory uncertainties. - The project offers 280x potential returns for early buyer
How $NNZ is Transforming Meme Coin Standards through Token Burns and Openness
- $NNZ introduces a deflationary model with token burns and fixed supply to differentiate from traditional meme coins. - Presale stages and "Keeper's Path" staking offer scarcity and high yields, fostering grassroots demand. - Transparency via audits and live dashboards addresses rug pull risks, aligning incentives with long-term holders. - Analysts highlight its structured approach as a credible alternative in the 2025 bull market, despite broader crypto volatility risks. - $NNZ aims to transition from me
Prediction Markets Gain Credibility Through Google's Adoption
- Google integrates Polymarket and Kalshi prediction markets into Search/Finance, offering real-time crowd-sourced forecasts on events like elections and recessions. - Kalshi dominates with $4.4B monthly volume, while Polymarket secures $2B funding at $9B valuation, signaling institutional confidence in blockchain-based forecasting. - Prediction markets gain regulatory acceptance (CFTC) and industry traction, with Robinhood , Coinbase , and Crypto.com entering the space as a "legitimate asset class." - Goo
Tharimmune’s $545 Million Initiative Speeds Up Blockchain Integration Among Institutions
- Tharimmune raised $545M via private placement led by DRW/Liberty City to build a Canton Coin treasury and develop institutional blockchain applications. - Funds will acquire Canton Coins, operate Super Validator nodes, and expand the Canton Network connecting Goldman Sachs , BNP Paribas, and DTCC. - Stock surged 120% post-announcement as Canton Foundation's first public investment and institutional backing from Deutsche Bank/HSBC highlight blockchain adoption trends. - Strategic leadership changes and $3
Trending news
MoreCrypto prices
More
