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RLUSD Stablecoin Surpasses $2B Market Cap, Challenging PayPal USD

Guavy AI Editorial Team
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XRP PYUSD LUSD
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Ripple's RLUSD stablecoin has been gaining momentum, with its market capitalization now surpassing $2 billion. Launched in December 2024, RLUSD is one of the fastest-growing regulated stablecoins on the XRP Ledger.

The rapid growth of RLUSD is attributed to significant minting activity, which has boosted its supply to nearly $1 billion. This has positioned RLUSD as a strong competitor among top stablecoins, challenging PayPal USD's market position.

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