PYUSD Supply on Solana Drops by 50% Amid Declining DeFi Liquidity Incentives

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7 months ago bitnews

PYUSD Supply on Solana Drops by 50% Amid Declining DeFi Liquidity Incentives The supply of PayPal‘s PYUSD stablecoin on the Solana blockchain has seen a sharp drop of around 50% over the past month, shrinking from $660 million to $320 million, according to a recent report by Blockworks. This significant contraction comes as liquidity incentive