Ripple's RLUSD stablecoin surged to a record $2.49 billion, adding $82.1 million in one day and narrowing the gap to Paypal's PYUSD, which stands at $2.74 billion but has shrunk 22% this year. RLUSD has grown 86% since early 2026, while PYUSD has declined 35% from its March peak. The XRP Ledger's share of RLUSD supply increased recently, reflecting Ripple's efforts to build institutional use cases. Despite RLUSD's growth, it remains small in the $306 billion stablecoin market dominated by Tether and USDC. The competition highlights shifting dynamics in stablecoin adoption and network usage.
On Pluang, XRP trades at Rp27.330 with a market cap of Rp1.718,35 trillion and a slight 0.24% decline over one day. PYUSD is priced at Rp17.975, showing a modest 0.34% gain and a market cap of Rp49,2 trillion. These figures are current as of Sep 28, 2026 20:33 WIB.
XRP's price increased by 2.11% within one hour to $1.52, partially recovering from a 24-hour decline. This rise was driven by $370,000 worth of short position liquidations on exchanges like Binance, Bybit, and OKX, while no long positions were liquid...
Veteran trader Peter Brandt highlighted the XRP chart's interesting price compression patterns that historically led to strong rallies, sparking renewed interest in the token. However, he clarified that he has not bought XRP nor set a new price targe...
Wintermute, a market maker, has taken a heavily short-biased position on the Hyperliquid trading platform, holding about $93 million in short positions versus $5.12 million in longs. The largest short is on Ether (ETH) valued at $47.19 million, with ...
XRP faced $11.99 million in liquidations over 24 hours during a wider crypto market downturn on Sept. 28, with long positions accounting for $10.88 million and shorts $1.11 million. This created a roughly 980% imbalance favoring long liquidations. XR...
Ripple aims to tap into the $155 trillion global cross-border payments market, distinct from the $685 billion consumer remittance market targeted by its RLUSD stablecoin. Recent developments include South Korea’s Jeonbuk Bank replacing SWIFT with Rip...
