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Data: Ripple stablecoin RLUSD's market value surpasses PayPal's PYUSD

According to DefiLlama data, the circulating market value of the dollar stablecoin RLUSD issued by Ripple is approximately $2.702 billion, surpassing the approximately $2.628 billion of PayPal's stablecoin PYUSD.

In the past 24 hours, the circulation of PYUSD has decreased by about $99.46 million, while RLUSD has remained relatively stable; in the past 7 days, RLUSD has increased by approximately $70.63 million.