TechFlow, September 28 — Possibly influenced by PayPal's collaboration with Spark aimed at boosting PYUSD liquidity, PayPal USD (PYUSD), the dollar-pegged stablecoin issued by Paxos, saw its market capitalization surge this week, surpassing $2 billion. According to Coingecko data, it currently stands at $2,319,773,238, setting a new all-time high and representing a 66.69% increase from last week’s $1,391,420,428. The market cap has grown by over $500 million in the past three days.





