PYUSD0 is now live on Aptos! What does this mean? What significance does it hold for Aptos? Let's break it down: ※ The stablecoin pool is thicker! Aptos has already seen good performance with native USDT, USDC, and USDe, and now with the addition of PayPal's PYUSD0, it means there's a new stablecoin channel. For market makers, this translates to more arbitrage/hedging paths and smoother capital allocation! ※ Brand endorsement adds credibility PYUSD0 is backed by PayPal, which is a reassurance for traditional users. New users are more likely to try it, and institutions will pay more attention to Aptos's potential in compliance and payment scenarios! ※ Cross-chain funds can flow in more easily With LayerZero + Stargate, the friction for external funds to enter Aptos is reduced. For aggregators and exchanges, the paths for capital migration are shorter, leading to more natural and increased traffic! ※ More DeFi opportunities With PYUSD0, DEXs can open new stablecoin pairs,...
🚨 @PayPal launches PYUSD0 via @LayerZero_Core & @StargateFinance on Aptos
Capital goes where money flows best, and today acts as another proof point as PayPal selects Aptos as the only Move-based chain for PYUSD0 at launch.
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