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
$118,056.37+0.59%
Ethereum24h
$3,748.40+0.56%
XRP24h
$3.19+1.31%
BNB24h
$793.78+1.65%
Solana24h
$185.39-0.27%
Dogecoin24h
$0.2370+0.60%
TRON24h
$0.3198+1.18%
Cardano24h
$0.8253+1.40%
Hyperliquid24h
$43.83+0.54%
Sui24h
$4.19+5.06%
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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