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
$94,638.44-1.50%
Ethereum24h
$1,813.10-1.74%
XRP24h
$2.17-1.47%
BNB24h
$591.46-0.97%
Solana24h
$146.68+0.44%
Dogecoin24h
$0.1732-1.61%
Cardano24h
$0.6881-1.75%
TRON24h
$0.2504+0.72%
Sui24h
$3.39+6.85%
Chainlink24h
$14.11-0.63%
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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