PayPal 穩定幣 3 月流通量暴跌 39%

PayPal 的穩定幣 PayPal USD (PYUSD) 3 月流通量大幅下降，下跌 39% 至 1.885 億美元。儘管加密貨幣市場激增，但 PYUSD 的流通量在達到 3.12 億美元的峰值後自 2 月底以來一直在下降。

PayPal USD Stablecoin Circulation Witnesses Notable Decline in March

PayPal 美元穩定幣流通量 3 月顯著下降

New York, New York - April 11, 2023

紐約州紐約 - 2023 年 4 月 11 日

PayPal USD (PYUSD), a stablecoin co-issued by payment behemoth PayPal and blockchain infrastructure provider Paxos, has experienced a significant decrease in circulation during March 2023.

PayPal USD (PYUSD) 是支付巨頭 PayPal 和區塊鏈基礎設施提供商 Paxos 聯合發行的穩定幣，2023 年 3 月流通量大幅下降。

According to Paxos' most recent PayPal USD transparency report, the stablecoin's circulation plummeted to $188.5 million in March, representing a sharp 39% reduction compared to the previous month. Notably, PYUSD circulation stood at $304 million in February and $301 million in January, indicating a sustained downtrend.

根據 Paxos 最新的 PayPal 美元透明度報告，該穩定幣 3 月的流通量驟降至 1.885 億美元，較上個月大幅減少 39%。值得注意的是，2 月 PYUSD 流通量為 3.04 億美元，1 月為 3.01 億美元，顯示持續下降趨勢。

As of March 29, the PayPal USD treasury held $14.9 million in United States Treasury bonds, with a notional value of approximately $14.8 million. Additionally, the current market value of PYUSD collateral in U.S. Treasury bond-collateralized reverse repurchase agreements amounted to $177.9 million, with a notional position value of around $174 million. The stablecoin's total net assets reached $192 million, while the notional position value stood at $189 million.

截至3月29日，PayPal美元金庫持有1,490萬美元的美國國債，名目價值約1,480萬美元。此外，美國公債抵押逆回購協議中PYUSD抵押品目前的市場價值為1.779億美元，名目部位價值約為1.74億美元。該穩定幣的總淨資產達 1.92 億美元，名目部位價值為 1.89 億美元。

PayPal USD's market capitalization has been on a downward trajectory since late February, after reaching an all-time high of $312 million on February 26. Data from CoinGecko reveals a sustained decline since then.

PayPal 美元市值在 2 月 26 日達到 3.12 億美元的歷史新高後，自 2 月底以來一直呈下降趨勢。CoinGecko 的數據顯示此後持續下降。

Despite the overall rally in cryptocurrency markets, with Bitcoin (BTC) breaking all-time highs of over $73,000 on March 13, PYUSD circulation has continued to contract.

儘管加密貨幣市場整體上漲，比特幣 (BTC) 於 3 月 13 日突破 73,000 美元以上的歷史高點，但 PYUSD 流通量仍持續收縮。

Cointelegraph reached out to Paxos for comment regarding the drop in PYUSD circulation but has yet to receive a response.

Cointelegraph 聯絡 Paxos 請其就 PYUSD 流通量下降發表評論，但尚未收到回應。

Launched in August 2023 through a partnership between PayPal and Paxos Trust, PayPal USD is designed for digital payments and Web3 applications. It maintains a 1:1 peg to the U.S. dollar and is backed by U.S. dollar deposits, short-term Treasurys, and other cash equivalents.

PayPal USD 於 2023 年 8 月透過 PayPal 和 Paxos Trust 合作推出，專為數位支付和 Web3 應用程式而設計。它與美元保持1:1的掛鉤，並得到美元存款、短期國債和其他現金等價物的支持。

Within eight months of its launch, PYUSD has emerged as a significant player in the stablecoin market, ranking as the 13th largest stablecoin by market capitalization, surpassing both Paxos' Pax Dollar (USDP) and Gemini Dollar (GUSD), as per CoinGecko data.

根據 CoinGecko 的數據，在推出後的八個月內，PYUSD 已成為穩定幣市場的重要參與者，按市值排名第 13 大穩定幣，超過 Paxos 的 Pax Dollar (USDP) 和 Gemini Dollar (GUSD)。

However, PYUSD's market value still represents a relatively small fraction of the dominant Tether (USDT) stablecoin, which commands a market capitalization of over $106.6 billion at the time of writing. The total market capitalization of all stablecoins stood at approximately $155 billion.

然而，PYUSD 的市值仍然只占主導地位的 Tether (USDT) 穩定幣的一小部分，截至撰寫本文時，該穩定幣的市值超過 1066 億美元。所有穩定幣的總市值約為 1550 億美元。