PayPal USD Price Remains Steady at $1.00 Amid Stable Market
PayPal USD (PYUSD) has seen minimal change in value over the past day, with its price remaining at $1.00.
The stablecoin's market capitalization sits at a substantial $2.69B, with a 24-hour trading volume of approximately $56.32M.
PYUSD is pegged to the US dollar and is backed by U.S. dollar deposits, short-term U.S. Treasuries, and similar cash equivalents.