PayPal's PYUSD faced difficulties in early adoption, with approximately 90% of PYUSD currently stored in the wallet of stablecoin issuer Paxos Trust. The report states that cryptocurrency exchange wallets hold nearly 7% of the total supply, with the rest distributed on Kraken, Gate.io, and Crypto.com. The acceptance level of so-called "smart money" investors (a term used to describe well-informed or professional investors) can be ignored. The number of tokens in Uniswap's PYUSD/wETH and PYUSD/USDC decentralized exchange liquidity pools is less than 50,000, and excluding contracts or exchanges, there are less than 10 holders with a balance of over 1,000 PYUSD.
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