PayPal (NASDAQ:PYPL) USD (PYUSD), an Ethereum-based cryptocurrency, sustained its steady position against the dollar until 22:00 PM ET on Tuesday. The token, with a market cap of $44.32 million, had nearly $6.56 million traded recently. Each PYUSD token is priced at approximately $1.00 or 0.00002829 BTC on major exchanges. Over the past week, it experienced a slight decline of 0.1% against the dollar.
In contrast to PYUSD's stability, other cryptocurrencies like KILT Protocol, Aidi Finance (BSC), Zoo Token, CareCoin, OmniaVerse, Kitty Inu, Hokkaidu Inu, Lego Coin, Jeff in Space, and Lumi Credits displayed varying trends against the dollar. KILT Protocol saw a slight increase of 0.4% to $0.30 or 0.00000848 BTC while Aidi Finance, Zoo Token, CareCoin, OmniaVerse, Jeff in Space ($2.75), and Lumi Credits experienced declines ranging from 2.2% to 2.4%. Kitty Inu and Hokkaidu Inu registered growth with surges of 1.9% and 1.2% respectively.
PYUSD's total supply stands at 158,956,937 tokens with a circulating supply of 44,376,440 tokens. Direct purchase of PYUSD with US dollars is typically not possible; investors generally procure Ethereum or Bitcoin first via exchanges such as Gemini, Coinbase (NASDAQ:COIN) or GDAX.
The token is traded on 41 active markets with $3,723,947.74 exchanged in the last day. The last known price of PayPal USD is 0.99891023 USD.
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