Analyst: The PYUSD contract is scheduled to deploy in November 2022, with a current total supply exceeding 26.9 million tokens.
2023-08-08 09:41
Odaily News: Tom Wan, an on-chain analyst at 21co, the parent company of 21Shares, tweeted that PYUSD has been added to the Dune dashboard. This contract was deployed in November 2022 and currently has a total supply of over 26.9 million tokens.
As previously reported, PayPal announced the launch of the PayPal USD (PYUSD) stablecoin for transfers and payments. The stablecoin is issued by Paxos Trust Co. and is backed by the US dollar, short-term government bonds, and cash equivalents. PYUSD will gradually be made available to PayPal's customers in the United States.
The contract address for PYUSD is 0x6c3ea9036406852006290770BEdFcAbA0e23A0e8. On-chain data shows that there are currently 26.9 million tokens issued, held by 8 owners.
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