Liquidity Pool Comprising PayPal’s PYUSD Stablecoin on Curve Locks $135 Million in Value

Source: iQoncept/Adobe A liquidity pool comprising PayPal’s dollar-backed stablecoin PYUSD on Curve has locked $135 million in total value, an indication that the stablecoin is gaining traction in decentralized finance (DeFi). The new liquidity pool, known as the FRAXPYUSD pool, went live on December 27 and is the third largest on Curve, trailing only the popular The post Liquidity Pool Comprising PayPal’s PYUSD Stablecoin on Curve Locks $135 Million in Value appeared first on Cryptonews .