RLUSD Moves Ahead of PYUSD in Stablecoin Market Value
Ripple’s RLUSD has moved ahead of PayPal’s PYUSD as its reported market capitalization reaches $2.71 billion.
Ripple’s RLUSD has moved ahead of PayPal’s PYUSD as its reported market capitalization reaches $2.71 billion. Ripple USD (RLUSD) is trading at ₹93.85 ($1.00). This is an original Token Times brief based on reporting by U.Today, with live market data added, as of Thu, 12 Nov 2026 21:00:01 UTC.
The change highlights RLUSD’s expanding role in digital payments and institutional crypto activity, while putting its competitive position against another major dollar-backed stablecoin in focus.
- RLUSD reached a $2.71 billion market capitalization, according to U.Today.
- DeFiLlama verified RLUSD circulating supply at $2.71 billion.
- PYUSD had $2.61 billion in supply and $2.64 billion in live market capitalization.
- Crypto markets broadly declined as Bitcoin fell 3.78% over 24 hours.
- Moody's Assigns Investment-Grade Ratings to Ripple's RLUSD Stablecoin
- Ripple's RLUSD Leads Stablecoin Market Growth Amid Binance Withdrawal Resumption
- RLUSD Moves Ahead of PYUSD in Stablecoin Market Value — this brief
U.Today reports that Ripple’s RLUSD has surpassed PayPal’s PYUSD in market capitalization, putting RLUSD at $2.71 billion. The outlet attributes RLUSD’s expansion to increasing institutional adoption and integration on major exchanges, although it does not identify specific institutions or venues in the supplied summary. Live on-chain data from DeFiLlama supports the reported RLUSD figure, showing circulating supply of $2.71 billion. DeFiLlama places PYUSD circulating supply at $2.61 billion, while the supplied live market feed records PYUSD’s market capitalization at $2.64 billion. The two PYUSD figures measure circulating supply and market value separately, but both place it below RLUSD’s reported $2.71 billion.
Both stablecoins remain close to their one-dollar reference values. RLUSD traded at $0.999955, down 0.01% over 24 hours and 0.03% over seven days. PYUSD stood at $0.999936, up 0.02% over 24 hours and unchanged over seven days.
The broader crypto market moved lower against that stablecoin growth. Total market capitalization was $2.46 trillion, 
Bitcoin fell 3.78% over 24 hours, and the Fear & Greed Index registered 28, indicating a Fear reading. The comparison to watch is whether RLUSD’s lead over PYUSD persists as the two stablecoins’ supply and market capitalization figures change.
Since this brief published about 1 hour ago, Ripple USD (RLUSD) has moved from ₹93.85$1.00 to ₹93.85$1.00 — +0.00%.
The chart plots RLUSD's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 RLUSD ≈ ₹99.56 (about $1.00), down 0.0% over 24 hours. The rupee itself trades about 6.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 12, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
RLUSD Moves Ahead of PYUSD in Stablecoin Market Value — questions & answers
What market value did RLUSD reach?
U.Today reported a $2.71 billion market capitalization for RLUSD, matching the live market figure and DeFiLlama’s verified circulating supply.
How does PYUSD compare with RLUSD?
DeFiLlama verified $2.61 billion in PYUSD circulating supply, while the live market feed put its market capitalization at $2.64 billion. Both figures are below RLUSD’s $2.71 billion.
Did RLUSD move materially away from one dollar?
RLUSD traded at $0.999955, down 0.01% over 24 hours and 0.03% over seven days.
How much is 1 Ripple USD worth in rupee today?
About ₹99.56 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.00. The rupee price moves with both RLUSD's US-dollar price and the USDT/INR rate; use our Ripple USD in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from U.Today. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.