According to Wu, Artemis data shows that the peer-to-peer transaction volume of the PayPal-supported stablecoin PYUSD increased by 183% year-on-year in July to over USD 300 million, likely benefiting from the collaboration and promotion between PayPal and Venmo. Earlier, PayPal launched the global payment platform PayPal World, achieving interoperability between PayPal and Venmo.
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According to Wu, Artemis data shows that the peer-to-peer transaction volume of the PayPal-supported stablecoin PYUSD increased by 183% year-on-year in July to over USD 300 million, likely benefiting from the collaboration and promotion between PayPal and Venmo. Earlier, PayPal launched the global payment platform PayPal World, achieving interoperability between PayPal and Venmo.