PayPal and Ripple stablecoins still sub-1% despite ‘stablecoin gold rush’
Despite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market.
Bitcoin24h
$122,804.52-1.43%
Ethereum24h
$4,485.37-4.73%
BNB24h
$1,315.31+0.24%
XRP24h
$2.88-3.26%
Solana24h
$221.55-3.86%
Dogecoin24h
$0.2493-4.67%
TRON24h
$0.3381-1.84%
Cardano24h
$0.8218-4.29%
Hyperliquid24h
$45.98-0.05%
Chainlink24h
$22.03-3.48%
Why is PayPal’s stablecoin PYUSD struggling a month after launch?
Real-world adoption of PayPal’s stablecoin PYUSD has been sluggish with just $45M in reserves reported so far.
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