Update
Ripple's RLUSD Surpasses PayPal's PYUSD in Market Capitalization
Ripple's US dollar-backed stablecoin RLUSD has surpassed PayPal's USD (PYUSD) in market capitalization, reaching $2.71 billion. This milestone was achieved less than two years after Ripple's introduction of RLUSD in December 2024. The stablecoin's rapid growth in the crypto market is highlighted by recent partnerships and exchange integrations with Coinbase and BNY.