According to Ki Young Ju, founder of blockchain analysis company CryptoQuant, PYUSD, PayPal's stablecoin, seems to be operating well as a payment channel. In the real world, the average transaction amount for credit cards is about $164, while the average transaction amount for PYUSD can reach about $800. The average transaction amount for other stablecoins not used for payment is higher, ranging from $50,000 to $1 million.
All Comments