🚨MARKETS: PAYPAL BEATING RIPPLE IN STABLECOIN BATTLE
While stablecoin OGs like @Tether USDT and @Circle USDC remain very dominant
the battle amongst newly-launched stables rages on.
Paypal's $PYUSD launched in mid-2023 while ripple's $RLUSD launched over a year later in 2024.
While both giants in the next generation of stablecoins, PayPal's play is far outpacing Ripple's currently, with a market cap of ~$4 billion compared to Ripple's ~$1.5 billion.
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#RLUSD #PYUSD #SECClarifiesCryptoClassification #astermainnet #MarchFedMeeting