Ripple stablecoin RLUSD surpasses $1 billion in market capitalization

Source
Uk Jin

Summary

  • Ripple's stablecoin RLUSD reportedly surpassed $1 billion in market capitalization.
  • RLUSD one year after its launch reached $1 billion in market capitalization.
  • RLUSD was said to be ranked 7th in stablecoin market capitalization.

Ripple's stablecoin (a virtual asset whose value is pegged to fiat currency) RLUSD has surpassed $1 billion in market capitalization.

On the 4th (Korean time), Ripple said on X (formerly Twitter), "RLUSD surpassed $1 billion in market capitalization one year after its launch."

Ripple's RLUSD has risen to 7th place in stablecoin market capitalization, following Tether (USDT), USDC, PayPal USD (PYUSD), etc.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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