Paxos Mints $90 Million in PYUSD Stablecoins

Paxos has minted 90 million PYUSD stablecoins, equivalent to $90,054,379. This significant issuance highlights Paxos’s ongoing efforts to expand its stablecoin offerings, providing more liquidity and options for users in the cryptocurrency market. The minting of PYUSD is part of Paxos’s strategy to enhance its presence in the digital asset space.