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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JPYC tokenized yen sees market cap rise 60% in a month

• JPYC, Japan's first regulated yen-pegged stablecoin, has experienced a significant market cap increase of approximately 60% in the past month.
• This growth is largely attributed to a major logistics firm, AZ-COM Maruwa Holdings, adopting JPYC for payments to its 2,300 partners and announcing a substantial investment in the ecosystem.
• While JPYC benefits from regulatory approval in Japan and operates across multiple blockchains, potential risks include limited liquidity due to its smaller market cap and geographical regulatory constraints.

Topics: Asset types, Jurisdictions, Scalability, Stablecoins digital cash, Established hubs, Growth metrics

Tags: #jpyc #yenpeggedstablecoin #azcommaruwaholdings #polygon #japan #regulatedstablecoin #logisticsfirm #tokenterminal #crosschain

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