Ripple's RLUSD Zeros In on PayPal USD as Its Market Cap Tops $2 Billion

Ripple's RLUSD stablecoin has crossed the $2 billion market capitalization milestone, rapidly closing the gap with PayPal USD (PYUSD).

• Ripple's RLUSD stablecoin has surpassed $2 billion in market capitalization, rapidly approaching PayPal USD (PYUSD).
• RLUSD has experienced rapid growth since its launch in December 2024, with a significant portion of its supply now on the XRP Ledger.
• This growth positions RLUSD as a major contender among regulated dollar-backed stablecoins, challenging established players like PayPal.

Topics: Asset types, Scalability, Blockchain usage, Stablecoins digital cash, Growth metrics, Ethereum evm l 1 s

Tags: #ripple #rlusd #stablecoin #marketcap #paypalusd #pyusd #xrpledger #usdc #usdt #regulatedstablecoin

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