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
$104,357.79-3.89%
Ethereum24h
$2,514.32-5.26%
XRP24h
$2.17-6.64%
BNB24h
$647.53-1.60%
Solana24h
$148.32-5.58%
TRON24h
$0.2742-2.11%
Dogecoin24h
$0.1697-5.38%
Cardano24h
$0.6160-5.76%
Hyperliquid24h
$40.32-9.27%
Sui24h
$2.86-8.30%
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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