Over $329 Million in PYUSD Moved Between Unknown Wallets

Blockchain data shows a large transfer of PayPal USD stablecoin between two unidentified addresses, raising attention due to its significant scale.

PYUSD

Summary

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Terms & Concepts
  • PYUSD: PayPal USD stablecoin pegged to the U.S. dollar, issued by Paxos and used for digital payments and transfers.
  • Wallet Address: A unique blockchain identifier that holds cryptocurrencies or tokens, used for sending and receiving digital assets.