🚧 There is not much demand for PayPal's new stable coin.
According to Nansen, very few people are using and storing the PYUSD token in non-custodial wallets.
⏺ Less than a hundred addresses that are neither contracts nor exchanges hold more than 1,000 PYUSD.
⏺ More than 90% of the PYUSD supply is held by Paxos.
⏺ Kraken, Gate io, and Crypto com exchanges hold just over 7% of the PYUSD supply.
#KriptoNews24
According to Nansen, very few people are using and storing the PYUSD token in non-custodial wallets.
⏺ Less than a hundred addresses that are neither contracts nor exchanges hold more than 1,000 PYUSD.
⏺ More than 90% of the PYUSD supply is held by Paxos.
⏺ Kraken, Gate io, and Crypto com exchanges hold just over 7% of the PYUSD supply.
#KriptoNews24