Ripple Stablecoin Overtakes Paypal's PYUSD
Ripple's (
@Ripple) $RLUSD has overtaken PayPal's $PYUSD, reaching a $2.70 billion market cap, per Coingecko.
The stablecoin now ranks among the five largest USD-backed stablecoins, according to XRP Ledger (
@XRP) $XRP validator Vet.
RLUSD's growth follows several institutional partnerships and exchange integrations. Its latest integration with Coinbase expands access for retail and institutional customers.