PayPal USD (PYUSD)

Excited to welcome @sparkdotfi's two massive liquidity pools to Uniswap

The highest TVL pool on Uniswap is now PYUSD/USDS (@PayPal x @SkyEcosystem) and their USDT/USDS pool is the 6th largest

And thats just the start. Tons of innovation happening here. Happy swapping 🚀 https://t.co/ARFj2PALuI

In the last 7 days:

➢ USD1 is up 9.74%
➢ PYUSD is up 0.17%
➢ DAI is up 1.19%

USD1 now sits at roughly $4.8B in circulating supply, ahead of both.

This isn’t a stablecoin growth dynamic.

It’s a stablecoin share-capture dynamic.

The tier below USDT, and USDC is being reshuffled in real time.

USD1 is climbing.

USDS, PYUSD and DAI are barely moving.

That’s how rankings change.

That’s how a stablecoin becomes the fourth-largest in the market.