In the past 24 hours, Ripple's RLUSD stablecoin has been involved in significant transactions totaling 8,104,394 RLUSD, sparking interest among the crypto community.
RLUSD Transaction Overview
Over the past 24 hours, 12 transactions involving RLUSD were recorded, totaling 8,104,394 RLUSD. The most recent transaction involved 588,029 RLUSD moved between two unknown wallets. According to Ripple Stablecoin Tracker, other transactions ranged from 500,000 to 1,000,000 RLUSD.
RLUSD Popularity and New Integrations
Since its launch on December 17, RLUSD has gained traction through its integration with major crypto exchange Bitstamp. Recently added pairs include RLUSD with Euro, USD Dollar, USDT, Bitcoin, Ethereum, and XRP. The coin is intended for institutional financial scenarios such as payments and tokenization.
Future Outlook for RLUSD
Ripple President Monica Long expects to see RLUSD on more platforms soon and also anticipates the launch of an XRP ETF in the near future. In a recent announcement, Ripple adopted Chainlink's standard for providing secure real-time pricing data, which should boost DeFi adoption.
Ripple's RLUSD stablecoin continues to expand its market presence, drawing attention from major crypto platforms and offering diverse financial solutions for businesses.
