PayPal’s PYUSD Stablecoin Hits $1B Market Cap as Activity Booms on Solana (SOL) Blockchain Amid DeFi Rewards

“My
sense
is
that
these
incentives
are
not
sustainable,
but
they
are
not
designed
to
be
permanent,”
David
Shuttleworth,
partner
at
research
firm
Anagram,
told
CoinDesk.
“Part
of
the
idea
here
is
to
get
more
PYUSD
into
circulation
and
get
users,
especially
new
ones,
on-chain
and
active
on
the
Solana
ecosystem.”