PANews reported on September 25th that CoinDesk has partnered with decentralized finance platform Spark to boost on-chain PYUSD liquidity, with the goal of expanding PYUSD deposits from the current $100 million to $1 billion in the coming weeks. The integration enables users to deposit and borrow PYUSD, with liquidity backed by Spark's $8 billion stablecoin reserve pool. The initiative offers a model for sustainable stablecoin adoption without expensive incentives.PANews reported on September 25th that CoinDesk has partnered with decentralized finance platform Spark to boost on-chain PYUSD liquidity, with the goal of expanding PYUSD deposits from the current $100 million to $1 billion in the coming weeks. The integration enables users to deposit and borrow PYUSD, with liquidity backed by Spark's $8 billion stablecoin reserve pool. The initiative offers a model for sustainable stablecoin adoption without expensive incentives.
PayPal plans to use Spark to increase PYUSD liquidity to $1 billion through DeFi lending
2025/09/25 22:05
PANews reported on September 25th that CoinDesk has partnered with decentralized finance platform Spark to boost on-chain PYUSD liquidity, with the goal of expanding PYUSD deposits from the current $100 million to $1 billion in the coming weeks. The integration enables users to deposit and borrow PYUSD, with liquidity backed by Spark's $8 billion stablecoin reserve pool. The initiative offers a model for sustainable stablecoin adoption without expensive incentives.
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