RLUSD Surpasses PYUSD as Stablecoin Adoption Accelerates
RLUSD reaches approximately $2.71 billion in market cap on November 12, 2026. It overtakes PYUSD to rank as the seventh-largest stablecoin. Global
Summary
- RLUSD reaches approximately $2.71 billion in market cap on November 12, 2026.
- It overtakes PYUSD to rank as the seventh-largest stablecoin.
- Global stablecoin supply exceeds $272 billion with strong transaction volume.
Ripple's RLUSD overtook PayPal's PYUSD on November 12, 2026. It became the seventh-largest stablecoin by market cap. RLUSD hit about $2.71 billion while PYUSD held roughly $2.67 billion.
The narrow gap under $50 million means rankings could flip fast.
Context
Stablecoins now anchor digital finance. RLUSD's climb shows strong institutional appetite for regulated USD tokens in payments and settlements. Global stablecoin supply tops $272 billion.
It rides on $10.2 trillion in adjusted transaction volume over the past year per Visa.
Details
RLUSD grew its supply steadily after the December 2024 launch. DefiLlama data via Cointelegraph locked in the seventh-place rank.
"RLUSD sat at approximately $2.71 billion, compared with roughly $2.67 billion for PYUSD."
, Attribution (CryptoBriefing)
KuCoin and CoinMarketCap reports matched those November 12 numbers. PYUSD might snatch the spot back with small inflows.
Outlook
The lead stays slim. Traders will track daily supply shifts and fresh integrations that move volume between these tokens.
