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.
Despite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market.
Real-world adoption of PayPal’s stablecoin PYUSD has been sluggish with just $45M in reserves reported so far.