RLUSD vs. PYUSD: Which $2B Stablecoin Is Actually Used More?
- PYUSD leads RLUSD in users, active addresses, and monthly transfer volume.
- RLUSD has fewer active users but far more transfers per active address.
- PYUSD has broader chain and DeFi adoption, while RLUSD targets institutional finance.
Ripple’s RLUSD has crossed the $2 billion market-cap milestone this month, which now puts the stablecoin much closer to PayPal USD (PYUSD), which has a market value of about $2.9 billion.
But market capitalization alone doesn’t show which stablecoin is used more. On-chain activity suggests PYUSD still has the larger user base and generates more transfer volume. Meanwhile, RLUSD shows a different pattern: fewer active addresses but high activity relative to its supply.
RLUSD Is Smaller, But Its Supply Is Moving
As of August 24, RWA.xyz data puts RLUSD’s market cap at about $2.02 billion, with 84,514 holders. Its monthly transfe…
Read The Full Article RLUSD vs. PYUSD: Which $2B Stablecoin Is Actually Used More? On Coin Edition.
This content is automatically aggregated. Full credit goes to the original publisher (coinedition.com).
