• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

RLUSD: The New Favorite in the Stablecoin Market

user avatar

by A1

2 days ago


Ripple Labs' new stablecoin, RLUSD, has already made a strong impression on the cryptocurrency market, surpassing competitors in 24-hour trading volume.

Strategic Moves and RWA Initiatives

Ripple is actively advancing into the area of Real-World Asset (RWA) Tokenization through partnerships, such as the one with Archax. The company emphasizes the importance of RLUSD in enhancing liquidity on the XRP Ledger and strengthening the XRP ecosystem. This may explain the recent price increase of XRP, currently trading at $2.35.

Global Expansion and Accessibility

Ripple has ensured broad accessibility for RLUSD by securing listings on prominent platforms such as Bullish, Uphold, and Bitso. These strategic partnerships make RLUSD the 13th-largest asset on the XRP Ledger by market capitalization. Analysts predict that further Ripple expansion could drive XRP to $3.50 in the near future.

User Growth and Adoption

The user base of RLUSD is rapidly growing. Data from XPMarkets shows the stablecoin's user base has surged to 7,600, compared to just 1,000 users in December 2024. This growth highlights the increasing acceptance of RLUSD in the cryptocurrency community.

RLUSD's rapid growth is not only a testament to Ripple's strategic foresight but also a reflection of its strengthening role in the financial ecosystem. As Ripple's projects expand, they promise to offer users new opportunities in the tokenized asset market.

0

Share

Other news

New Binance Futures Contracts: COOKIEUSDT, ALCHUSDT, and SWARMSUSDT Launched

Binance Futures announces new futures contracts: COOKIEUSDT, ALCHUSDT, and SWARMSUSDT with up to 75x leverage.

user avatarA1

8 minutes ago

Ethereum on the verge of a breakthrough: resistance assessment and key support levels

Ethereum reached $3,750, maintaining bullish momentum with key support at $3,660 and $3,620.

user avatarA1

8 minutes ago

Crypto Projects IntelMarkets, Solana, and Ripple: Current Trends and Analysis

IntelMarkets draws attention with innovations, competing with Solana and Ripple. Overview of modern crypto markets and their potential.

user avatarA1

9 minutes ago

Arthur Hayes: Crypto Market to Peak in March, Correction Ahead

Arthur Hayes forecasts a peak in the crypto market by March, with a correction anticipated. Does the US dollar influence this?

user avatarA1

10 minutes ago

Crypto Market Surge: Analyzing Bitcoin and Altcoin Growth

Bitcoin surpasses $100,000, altcoins surge. Institutional adoption and economic conditions drive the market.

user avatarA1

11 minutes ago

Solana and Remittix: Growth Potential in 2025

Solana and new project Remittix: Evaluating growth perspectives in the cryptocurrency space in 2025.

user avatarA1

11 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.