🚀 RIPPLE'S STABLECOIN RLUSD REACHES $1.1B MARKET CAPITALS

RLUSD launched in December 2024 is specifically designed for institutional use cases, different from consumer-oriented stablecoins. This growth is driven by:

🏛️ Regulatory Compliance: RLUSD is issued under the New York Department of Financial Services (NYDFS), a strict regulatory environment, which helps reduce legal risks for businesses

💰 Cross-Border Payments: RLUSD's primary use case is to address speed and cost issues in international payments and trade $XRP

XRPUSDT

Perp

2.0776

-0.55%

Institutional adoption is evident through strategic partnerships, including piloting RLUSD card transaction settlement on XRP Ledger with Mastercard and WebBank

XRP

2.0775

-0.67%