- PYUSD market cap has surpassed the milestone of $1.8 billion.
- PayPay USD stablecoin now ranks 53rd throughout the checklist of world cryptocurrencies.
- Tether USDT continues to dominate the section of stablecoins.
The market cap of PYUSD, a stablecoin backed by PayPal, has surpassed the mark of $1.8 billion. It now ranks 53rd on the checklist of world cryptocurrencies, simply behind Cosmos (ATOM). Tether USDT continues to dominate the stablecoin market and is carefully adopted by USDC. PayPal USD has achieved the milestone at a time when crypto costs have been in turmoil for the final couple of days.
PayPal USD, PYUSD, Market Cap Breaches $1.8B
The market cap of PYUSD has crossed a serious milestone of $1.8 billion. It was hovering beneath $1.5 billion as of September 24, 2025. The present leap is exactly what makes the spotlight thrilling. The market cap of PayPal USD, a stablecoin, surged by 3.95% during the last 7 days. PYUSD now ranks 53rd on the checklist of world cryptocurrencies.
PayPal USD is simply behind USDT1, a stablecoin backed by World Liberty Monetary USD. The market cap of USDT1 is $2.6 billion in the mean time. Compared to all of the cryptocurrencies, PYUSD is behind Cosmos ATOM whose market cap is 1.9 billion. The distinction is relatively marginal sufficient to create a risk for PYUSD to rise one other rank.
Dominance of Tether USDT
USDT, a stablecoin by Tether, continues to dominate the checklist of world stablecoins. Its market cap is $173.53 billion when the article is being drafted. A stablecoin that comes closest to Tether is USDC, with a market cap of $73.9 billion. It’s ranked seventh on the checklist of world cryptos.
Ethena USDe is the third-ranked stablecoin with a market cap of $14 billion. It’s adopted by DAI with a market cap of $5.3 billion. Extra such tokens on the checklist of prime cryptocurrencies are FDUSD, RLUSD, and TUSD. For sure, they’re all backed by the US Greenback.
World Cryptocurrencies in Turmoil
PayPal USD, or PYUSD, is seeing an increase in its market cap at a time when cryptocurrencies throughout the globe are feeling sluggish strain. BTC, the flagship cryptocurrency, is down by 2.22% over 24 hours, buying and selling at $109,329.15. ETH can be down by 2.09% throughout the identical time window to a worth of $3,944.57. Their market cap stands at $2.1 trillion and $476 billion, respectively, proper now.
BNB noticed the very best lack of 5.44%, adopted by SOL’s decline of 4.46%, and XRP’s by 3.31%. The crypto market is making bearish strikes regardless of final week’s announcement of a 25 bps fee reduce by the US Federal Reserve.
It is very important word that the contents of this text are neither suggestions nor recommendation for crypto buying and selling and funding. Do analysis and threat evaluation.
