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PayPal plans to leverage Spark to enhance PYUSD liquidity to 1 billion USD through Decentralized Finance.
PANews reported on September 25 that PayPal has partnered with the Decentralized Finance platform Spark to jointly enhance the on-chain PYUSD liquidity, aiming to expand the deposit scale of PYUSD from the current USD 100 million to USD 1 billion in the coming weeks. This integration allows users to deposit and borrow PYUSD, with its liquidity supported by Spark's stablecoin reserve pool of up to USD 8 billion. The plan offers a sustainable model for adopting stablecoins without expensive incentives.