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PYUSD stablecoin supply drops 31% from $4.2B peak to $2.92B amid market shifts in 2026

Market News
06 Jun 2026
Blockonomi
View Source
Neutral
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PayPal's PYUSD stablecoin supply has decreased by 31%, falling from a $4.2 billion peak in March 2026 to about $2.92 billion. This $1 billion reduction reflects changing liquidity flows, reduced minting, and cautious market participation amid broader crypto volatility and regulatory uncertainties. Despite the contraction, PayPal is expanding PYUSD access across 70 global markets, enhancing cross-border payments and merchant settlements. PYUSD remains a mid-tier stablecoin, continuing to support PayPal's payment ecosystem amid evolving market conditions.

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