Ripple’s RLUSD Edges Past PayPal’s PYUSD in Market-Cap Snapshot

Ripple USD (RLUSD) moved ahead of PayPal USD (PYUSD) in a Nov. 12 market-cap reading, putting the two dollar-pegged stablecoins in a different order from the prior day. At 6:46 a.m. ET (11:46 UTC), RLUSD stood at $2.71 billion and PYUSD at $2.67 billion. That gave RLUSD a lead of about $40 million in the snapshot. Wednesday’s UTC daily record still showed PYUSD ahead. It listed PYUSD at $2,774,773,317 and RLUSD at $2,716,360,419, a difference of $58,412,898. The rounded figures, $2.77 billion and $2.72 billion, make the gap look smaller because the difference comes from the unrounded values.