Paxos Expands PYUSD Supply with $100 Million Stablecoin Issuance

TokenomicsTinfoilHat · 2026-01-28T21:01:02+00:00

Paxos has minted approximately 100 million PYUSD tokens on Ethereum, enhancing liquidity for the stablecoin, which maintains a stable value of $1. This move solidifies Paxos' role in the stablecoin market amid growing adoption in decentralized finance.

TokenomicsTinfoilHat

2026-01-28 21:01:02

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PayPal-backed stablecoin issuer Paxos has significantly increased the circulating supply of PYUSD through a major minting operation on the Ethereum network. On-chain data monitoring platforms tracked the transaction, marking another milestone in the growing adoption of PayPal USD as a regulated stablecoin alternative in the crypto ecosystem.

Large-Scale PYUSD Minting on Ethereum Chain

According to blockchain monitoring data, Paxos created approximately 100 million new PYUSD tokens (valued at roughly $100.04 million) directly on the Ethereum network. The transaction demonstrates the platform’s commitment to ensuring adequate liquidity and availability of the stablecoin across decentralized finance (DeFi) platforms and crypto exchanges. Whale Alert and other chain surveillance tools immediately captured and reported this major token generation event, signaling confidence in the PYUSD ecosystem’s expansion strategy.

Current Market Status of PayPal USD

PayPal USD maintains its designed value of $1.00 per token, providing users and traders with a reliable store of value within the blockchain environment. The current PYUSD price remains stable at $1.00, reflecting the effective collateralization and regulatory oversight that distinguishes Paxos-issued stablecoins from other market alternatives. This pricing consistency is crucial for institutional adoption and integration into trading pairs across multiple platforms.

Strategic Importance for Paxos and the Stablecoin Market

The substantial $100 million token issuance underscores Paxos’ role as a key infrastructure provider in the stablecoin space. By maintaining adequate supply on major blockchain networks like Ethereum, Paxos ensures that demand from DeFi protocols, exchanges, and individual users can be met efficiently. This operational strategy reflects the broader industry trend where leading stablecoin issuers continuously optimize their minting schedules to balance market needs with regulatory compliance.

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