Aquarius
Add PYUSD to the asset registry
Aquarius proposes whitelisting PYUSD, Paxos's $1-backed stablecoin. The governance proposal would add PYUSD to Aquarius's asset registry, expanding DeFi options on Stellar with 7.9M tokens in circulation.
Vote tally
Aquarius governance is voting to whitelist PYUSD, a 1:1 USD-backed stablecoin issued by Paxos Trust Company on behalf of PayPal. With 7.9M tokens already in circulation and a Stellar Expert rating of 7.5/10, PYUSD represents a major liquidity option for the ecosystem.
Whitelisting PYUSD expands stablecoin diversity on Stellar. The protocol currently relies heavily on USDC; adding Paxos's offering provides users a second major USD-backed option and reduces single-issuer concentration risk for Aquarius.
Asset · PYUSD
Paxos Trust Company dba Paxos
7.9M PYUSD
8.8K (979 funded)
910.8K
7.5 / 10
Aquarius
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