Ripple USD surpasses 176 million units in circulation within 3 months of launch

Source
Uk Jin

Summary

  • Ripple's stablecoin Ripple USD (RLUSD) has surpassed 176 million units in circulation.
  • RLUSD is recording a market capitalization of 176.69 million dollars, indicating high demand from investors.
  • The price of RLUSD is fixed at 1 dollar, with a total of 176.69 million RLUSD in circulation.

Ripple's stablecoin (a virtual asset linked to the value of fiat currency), Ripple USD (RLUSD), launched last December, has surpassed 176 million units in circulation.

As of 8:40 AM on the 24th (Korean time), CoinMarketCap reports that RLUSD has a market capitalization of 176.69 million dollars. Since the price of RLUSD is fixed at 1 dollar, this means that the total number of RLUSD in circulation is 176.69 million.

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Uk Jin

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