Ripple stablecoin RLUSD surpasses PayPal asset in market value
Image: U.TodayRipple's US dollar-backed stablecoin RLUSD has overtaken PayPal's PYUSD in market capitalization. Recent data places RLUSD at approximately $2.7 billion. PYUSD holds about $2.6 billion. Ripple introduced RLUSD in December 2024. The two stablecoins exchanged positions in the rankings.
Key points
- Ripple's RLUSD has overtaken PayPal's PYUSD to become the seventh-largest stablecoin by market capitalization.
- Ripple formally introduced RLUSD in December 2024.
Why it matters
The change in market capitalization alters the stablecoin rankings and shifts market positioning between Ripple and PayPal products.
Price context · RLUSD
At publication
$1.0000
Now
$1.00
Change since
+0.00%
7 days · dashed line = publication
Sources · 2 publishers
Crypto Briefing
Tier 2
Ripple’s RLUSD surpasses PayPal’s PYUSD as seventh-largest stablecoin
Coverage timeline
- First reported by U.Today
- Also reported by Crypto Briefing
- CryptoVideos brief published
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