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Ripple USD stablecoin supply nears PayPal USD, closing gap to $248M in late September 2026

Market News
28 Sep 2026
Tokenpost
View Source
Neutral
Ripple USD stablecoin supply nears PayPal USD, closing gap to $248M in late September 2026

Ripple USD (RLUSD) stablecoin's circulating supply rose to $2.491 billion, narrowing the gap with PayPal USD (PYUSD) to about $248 million as of late September 2026. RLUSD increased by $82.1 million during the period, while PYUSD stood at $2.739 billion after a slight decline from its peak. RLUSD's supply growth was spread across the XRP Ledger and Ethereum blockchains, reflecting strong adoption and backing by segregated cash reserves redeemable 1:1 for USD. This trend highlights RLUSD's rapid expansion in 2026, gaining over 86% since the start of the year, while PYUSD's supply has decreased from its March peak. The stablecoin market remains dominated by larger players like Tether and Circle, but RLUSD's growth signals increasing competition in the sector.

XRP, the native token linked to Ripple USD, is trading at Rp27,484 with a slight 0.32% gain on Pluang. PayPal USD's token price is Rp17,975, up 0.34%, showing steady interest despite its supply decline. These figures are current as of Sep 28, 2026 20:43 WIB.

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Ripple's RLUSD stablecoin nears Paypal's PYUSD, closing gap to $248M amid strong 2026 growth.

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