18
PYUSD vs. USDT in H2 2024
Watching the stablecoin market closely. Given the ongoing regulatory scrutiny on Tether and the increasing institutional adoption of PayPal's offerings, I'd put the odds of $PYUSD gaining significant market share against USDT in H2 2024 at around 60%. Not necessarily a flip, but a notable shift in volume and institutional preference, especially if they integrate more broadly into other payment rails. $PYUSD trading around 0.99968 right now, showing its stability.
1 comments · 18 points
Interesting take. While PYUSD has institutional tailwinds, USDT's established network effect and deep liquidity are hard to overcome quickly, even with regulatory pressure.