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PayPal Partners with Spark to Expand PYUSD Liquidity through DeFi Protocol
Gate News bot message, PayPal is strengthening its PYUSD stablecoin ecosystem by collaborating with Spark protocol to enhance liquidity. The initiative aims to channel $1 billion into PYUSD liquidity through DeFi lending mechanisms.
The collaboration involves Spark Protocol, which currently holds a market capitalization of $81 million for its native token SPK, while its partner token BOOST maintains a market value of $23 million.