PayPal USD vs Walrus — how do they compare? PayPal USD trades at Rp18,068 (market cap Rp51,15T, Rp1,04T 24h volume), while Walrus trades at Rp562.76 (market cap Rp1,38T, Rp64,6M 24h volume). The key difference: PayPal USD is far larger — about 37.1× Walrus's market cap, and Walrus's supply is capped (2,5B / 5B WAL (50%)) while PayPal USD's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold PayPal USD for 24 Days and Walrus for 22 Days on average.
| PYUSD | WAL | |
|---|---|---|
Market Cap | Rp51,15T | Rp1,38T |
Volume (24h) | Rp1,04T | Rp64,6M |
Circulating Supply | 2,8B PYUSD | 2,5B / 5B WAL (50%) |
Typical Hold Time | 24 Days | 22 Days |
What Pluang investors did over the last 30 days
PayPal USD is a stablecoin that is fully backed by U.S. dollar deposits and short-term U.S. Treasuries. It can be redeemed 1:1 for U.S. dollars and is issued by Paxos Trust Company.
Read more on PYUSD →Walrus is a decentralized data storage protocol and application development platform that enables apps to manage large data files and rich media content like videos, images, and audio. Built on Sui, it allows for the handling of both on-chain and off-chain data using Move-based smart contracts. Developed by Mysten Labs, Walrus is the first network that permits storage of any data size on-chain at scale. This capability enhances how Web3 projects use their data, supporting the development of diverse on-chain businesses.
Read more on WAL →