PayPal applied for a Utah industrial bank license for PYUSD.

Important Step from PayPal

PayPal has applied for an industrial bank license in the state of Utah as the issuer of the PYUSD stablecoin. This application is viewed as part of PayPal’s strategy to expand its financial services.

Successful Performance of GoPlus

As of October 2025, GoPlus has generated a total revenue of 4.7 million dollars through its product groups. The GoPlus App stands out as the main revenue source with a contribution of 2.5 million dollars (approximately %53). Following this, the SafeToken Protocol provided 1.7 million dollars in revenue.

The Token Security API of GoPlus Intelligence reached an average of 717 million calls per month by 2025 and peaked at nearly 1 billion calls in February 2025. The total blockchain-level requests, including transaction simulations, occurred at an average of 350 million monthly requests.

What’s the Situation with the GPS Token?

Since its launch in January 2025, the $GPS token has recorded a total spot trading volume of 5 billion dollars and 10 billion dollars in derivative trading volume. In March 2025, the monthly spot trading volume peaked at 1.1 billion dollars, while the derivative trading volume also rose to 4 billion dollars in the same month.