PYUSD vs USDT: Market Cap, Peg & Supply | Sharpe Terminal

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PayPal USDPYUSD

Fiat-backedPegged USD

MCap

$2.67B

30d

-2.41%

Chains

7

TetherUSDT

Fiat-backedPegged USD

MCap

$184.28B

30d

-1.01%

Chains

99

Comparison Matrix

Live supply metrics normalized side by side.

Metric	PYUSD	USDT	Δ
Market Cap	$2.67B	$184.28B	-98.6%
24h Supply	+0.27%	+0.00%	+0.27pp
30d Supply	-2.41%	-1.01%	-1.40pp
Chain Count	7	99	-92

Supply Over Time

PYUSD vs USDT, USD circulating.

PYUSD top chains

Chain	Supply	Share
Ethereum	$1.73B	x 64.9%
Solana	$683.62M	x 25.6%
Arbitrum	$169.88M	x 6.4%
Flow	$69.76M	x 2.6%
Polygon	$10.15M	x 0.4%
Sei	$3.14M	x 0.1%

USDT top chains

Chain	Supply	Share
Tron	$90.09B	x 48.9%
Ethereum	$75.60B	x 41.0%
BSC	$9.18B	x 5.0%
Solana	$3.33B	x 1.8%
Aptos	$887.00M	x 0.5%
Arbitrum	$885.15M	x 0.5%