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
$110,723.59-0.77%
Ethereum24h
$2,693.86+2.26%
XRP24h
$2.45+1.58%
BNB24h
$686.80+0.53%
Solana24h
$182.47+3.15%
Dogecoin24h
$0.2472+2.61%
Cardano24h
$0.8277+4.43%
TRON24h
$0.2736+0.97%
Sui24h
$3.90-3.85%
Hyperliquid24h
$34.42+12.90%
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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