$PYUSD Holding its Peg Into Year-End

I've been watching $PYUSD's relatively tight range lately, even with broader crypto volatility. Its current 0.99983 price and the recent low of 0.99919 suggest a pretty robust mechanism at play. Considering PayPal's reputation and the regulatory scrutiny on stablecoins, I'd put the odds of $PYUSD maintaining its peg within a +/- 0.005 range against the USD through year-end at around 85%. The liquidity in their reserve assets, coupled with the relatively low overall market cap compared to giants like USDT, makes it less susceptible to the kind of massive redemption pressures that could truly test its limits. My reasoning leans on the incentive structure for PayPal to maintain strict stability, given the brand implications.