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
$110,256.05+0.80%
Ethereum24h
$2,671.59+5.10%
XRP24h
$2.34+1.06%
BNB24h
$690.78+2.20%
Solana24h
$178.22+1.33%
Dogecoin24h
$0.2285+1.71%
Cardano24h
$0.7686+1.13%
TRON24h
$0.2752+1.13%
Hyperliquid24h
$38.20-0.08%
Sui24h
$3.67+4.86%
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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