Ripple's RLUSD has a market capitalization exceeding that of PayPal's PYUSD.

Ripple's stablecoin RLUSD has a circulating market capitalization of approximately $2.702 billion, exceeding that of PayPal's stablecoin PYUSD, which has a market capitalization of approximately $2.628 billion. In the past 24 hours, the circulating supply of PYUSD decreased by approximately $99.46 million, while the circulating supply of RLUSD remained basically unchanged; in the past 7 days, the circulating supply of RLUSD increased by approximately $70.63 million.