RLUSD Market cap rose to approximately 2491000000 USD, approximately PYUSD short of 248000000 USD
BIBIBI
AT A GLANCE
RLUSD Market cap is approximately 2491000000 USD, with PYUSD approximately 2739000000 USD a gap of approximately 248000000 USD。
Article
RLUSD Market cap is only approximately PYUSD short of surpassing PayPal by approximately 248000000 USD
PANews September 28 news, according to Bitcoin.com, Ripple's stablecoin RLUSD supply recently reached a new high, with a market cap of approximately 2491000000 USD, up from 2026 at the beginning of the year 1336000000 USD by more than 86%, leaving it approximately PYUSD short of the market cap of approximately 2739000000 USD, which is issued by PayPal 248000000 USD. Over the past 1 weeks, the RLUSD supply increased by approximately 112000000 USD，PYUSD decreased by approximately 61000000 USD。PYUSD Supply at the beginning of the year was approximately 3531000000 USD，March 5 and reached 4214000000 USD at one point. It is currently approximately below its peak by 35%. By issuance network, the September 21 to 28，XRP Ledger on RLUSD supply increased from 1036000000 USD to 1099000000 USD, an increase of approximately 63000000 USD Ethereum supply increased from 1...
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🔗https://www.panewslab.com/zh/articles/01a0e8bc-584e-7615-b161-2c439d67425a
Key points
01
According to Bitcoin.com, Ripple's stablecoin RLUSD supply recently reached a new high, with a market cap of approximately 2491000000 USD。
02
RLUSD Market cap grew by more than 2026 from the beginning of the year 1336000000 USD the beginning-of-year 86%。
03
PayPal's PYUSD market cap is approximately 2739000000 USD，RLUSD with a difference of approximately 248000000 USD。
04
Over the past 1 weeks,RLUSD supply increased by approximately 112000000 USD，PYUSD supply decreased by approximately 61000000 USD。
05
PYUSD Supply at the beginning of the year was approximately 3531000000 USD，March 5 and reached 4214000000 USD at one point; it is currently approximately below its peak by 35%。
06
September 21 to 28，XRP Ledger on RLUSD supply increased from 1036000000 USD to 1099000000 USD, an increase of approximately 63000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
RLUSD and PYUSD are both stablecoins described as such in the original text. The reported data show that RLUSD has recently increased in scale, while PYUSD has declined from its peak, so their current market caps are relatively close.
Why it matters to readers
The narrowing market-cap gap between the two stablecoins can be used to observe changes in their current relative scale; however, the existing text is insufficient to prove that RLUSD will necessarily surpass PYUSD。
Beginners should focus on distinguishing between “market cap” and “supply” and continue observing whether the subsequent data for both continue the current changes; they should not judge the long-term trend solely from 1 weeks of data.
Risks and unknowns
The evidence is a PANews re-reporting of Bitcoin.com's coverage, with no issuer-provided or on-chain data source for independent verification.
The article is truncated at the Ethereum supply data, so the relevant figures and subsequent content cannot be confirmed.
The existing data cannot confirm whether RLUSD will surpass PYUSD。
The market-cap and supply figures are both marked “approximately”; the specific calculation method and statistical scope are not explained.
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Related concepts
Stablecoin
An asset that seeks to track a reference value and is subject to risks including depegging, reserves, and redemption.
