Ripple's stablecoin RLUSD has reached a new high in circulating supply, surpassing $2.49 billion in market capitalization as of September 28.
This represents an increase of over 86% since the start of 2026, when its market cap was around $1.336 billion.
RLUSD is now just $248 million behind PayPal's PYUSD, which has a market cap of approximately $2.739 billion.
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