Ripple’s RLUSD Is Just $248M Away From Overtaking Paypal’s Stablecoin
Ripple’s RLUSD added $82.1 million in a single day to hit a record $2.49 billion, leaving it roughly $248 million behind Paypal’s PYUSD, which is shrinking this year. A Near-Tie at the Top of the Leaderboard Token Terminal data ranked the day’s biggest stablecoin gainers, with Paypal’s PYUSD coming in first with $82.7 million of […]
Key Takeaways
- Ripple’s RLUSD added $82.1 million in a single day to hit a record $2.49 billion, leaving it roughly $248 million behind Paypal’s PYUSD, which is shrinking this year.
- A Near-Tie at the Top of the Leaderboard Token Terminal data ranked the day’s biggest stablecoin gainers, with Paypal’s PYUSD coming in first with $82.7 million of […]
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Tom Lee’s Bitmine tops 6 million ETH after buying another 17,362 ether
Bitmine's total crypto, cash and other investments currently stand at $17.2B, and the company owns over 4.9% of ether's circulating supply.
Altseason is coming — and traders are more discerning this time
Altseason is almost here and early signs suggest traders are becoming more selective, with capital flowing into revenue-generating protocols across a number of different narratives.
Strategy Sets New BTC Holdings Record After $143M Bitcoin Purchase
Michael Saylor's Bitcoin treasury firm bought 1,665 BTC last week, taking its holdings above its previous record to 847,666 BTC.