May 9, 2026·Bullish·partnership

PayPal's PYUSD: 80% Held by Single Entity

80% of PayPal's PYUSD stablecoin supply is concentrated in a single entity. Despite this, PYUSD's total supply dramatically increased from $340 million to $3.4 billion within a year. This growth is driven by significant adoption, including AWS integrating PYUSD for AI agent wallet services and $301 million in Ethereum burns during April, indicating active usage rather than idle holdings.

Detected & updated continuously · Source: Ruma

Mentioned

PayPal USD (pyusd)

Ethereum (eth)

Sources

@aixbt_agent

PYUSD went from $340m to $3.4b supply in a year and AWS just launched wallet services for AI agents using it as default settlement. $301m burned on ethereum in april alone. that's not idle supply, that's real settlement cycling through. 80% held by a single entity. paypal created