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

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PayPal USDPYUSD

Fiat-backedPegged USD

MCap

$2.80B

30d

+1.05%

Chains

7

TetherUSDT

Fiat-backedPegged USD

MCap

$184.00B

30d

-1.29%

Chains

98

Comparison Matrix

Live supply metrics normalized side by side.

Metric	PYUSD	USDT	Δ
Market Cap	$2.80B	$184.00B	-98.5%
24h Supply	-1.50%	-0.02%	-1.48pp
30d Supply	+1.05%	-1.29%	+2.34pp
Chain Count	7	98	-91

Supply Over Time

PYUSD vs USDT, USD circulating.

PYUSD top chains

Chain	Supply	Share
Ethereum	$1.82B	x 65.2%
Solana	$674.25M	x 24.1%
Arbitrum	$215.60M	x 7.7%
Flow	$70.39M	x 2.5%
Polygon	$10.14M	x 0.4%
Sei	$2.99M	x 0.1%

USDT top chains

Chain	Supply	Share
Tron	$89.68B	x 48.7%
Ethereum	$76.10B	x 41.4%
BSC	$9.18B	x 5.0%
Solana	$2.86B	x 1.6%
Polygon	$918.52M	x 0.5%
Arbitrum	$907.60M	x 0.5%