Ripple stablecoin RLUSD reaches a scale of 2.491 billion US dollars, narrowing the gap with PayPal's PYUSD

The size of Ripple stablecoin RLUSD has risen to $2.491 billion, narrowing the gap with PayPal's PYUSD to $248 million. At the beginning of the year, RLUSD had a scale of 1.336 billion US dollars, with a year-on-year increase of over 86%; PYUSD has experienced a 22% decline within the year. In the past week, RLUSD increased by $112 million and PYUSD decreased by $61 million. This week, RLUSD increased by $63 million on XRP Ledger and $49 million on Ethereum. (Source: Bitcoin.com News)