Pax Dollar (USDP) maintained its 1:1 USD peg with a stable price of $0.999, though 24-hour trading volume declined by 3.90% to $8.25M-$11.41M. Meanwhile, PayPal's PYUSD saw a 216% surge in supply, reaching a $3.8B market cap, intensifying competition for USDP. USDP was mentioned in trading signal groups and stablecoin baskets for risk mitigation, but no major events or whale activity occurred.