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Following
RLUSD There are differences in reporting on market capitalization data of RLUSD and PYUSD from different sources
U.Today, CoinTurk News EN and Crypto Economy cited different data providers during the same period, resulting in differences in market capitalization data of RLUSD and PYUSD.
Consensus content
RLUSD will be launched in December 2024. The supply of RLUSD on the XRP ledger is approaching US$1 billion. There was a previous issuance of 40 million RLUSD (worth US$40 million). RLUSD is described as forming a competitive or challenging relationship with PayPal USD (PYUSD). Ripple expands its infrastructure through corporate acquisitions.
Report divergence points
1. RLUSD Market Value Data
U.Today (2026-08-21 20:12) reported that CoinGecko data showed that the market value of RLUSD has climbed to an astonishing $2.035 billion.
CoinTurk News EN (2026-08-21 20:59) quoted CoinMarketCap data as saying that the market value of RLUSD reached US$1.56 billion and the circulation was 1.55 billion tokens.
Crypto Economy (2026-08-22 01:03) has another set of data.
How to resolve differences: Get a snapshot of the supply of RLUSD circulating in the chain on the specified date and its official issuer certificate.
2. PayPal USD (PYUSD) market value data
U.Today (2026-08-21 20:12) reported that PYUSD currently has a market value of approximately US$2.87 billion, less than US$1 billion ahead of RLUSD.
CoinTurk News EN (2026-08-21 20:59) stated that PYUSD's current market value is approximately US$2.87 billion, and its advantage over RLUSD is less than US$1 billion.
Crypto Economy (2026-08-22 01:03) cited DeFiLlama data as saying that the market value of PYUSD increased to US$3.8 billion from US$1.28 billion in September, thanks to its expansion on networks such as Solana and Arbitrum.
How to resolve differences: Check the official disclosure information of PYUSD circulating supply released by PayPal, or cross-check the on-chain data of all PYUSD token contracts on the Internet.
How to interpret this information
The release date of RLUSD, its supply of nearly US$1 billion on the XRP ledger, and the issuance of US$40 million should be regarded as a given fact; until the methodology of the underlying data providers (CoinGecko versus CoinMarketCap/DeFiLlama) is unified, do not rely on any single RLUSD or PYUSD market cap data.
