【Big Bang】Ripple Stablecoin RLUSD Shakes the Market! Gemini Launches Strongly, Trading Volume Soars!

Ripple's stablecoin RLUSD has created a frenzy in the market after its launch on the cryptocurrency exchange Gemini. As the 15th exchange to support RLUSD, trading volume surged to $43 million within 24 hours of Gemini's listing, an increase of 15%. This groundbreaking move injects strong momentum into RLUSD's market position, attracting the attention of a large number of retail and institutional investors.

The launch of RLUSD has not only garnered favor from exchanges, but Ripple also donated $25 million for public education in the United States, showcasing its mission to combine digital currency with real-world applications. Furthermore, Ripple is planning to integrate RLUSD into its enterprise-level payment system to promote the development of cross-border transactions.

However, the regulation of stablecoins remains an unresolved topic. Progress on stablecoin legislation in the United States has been slow, facing political controversy and the risk of amendments. The future of RLUSD will be directly influenced by these policy changes.

The cryptocurrency market is experiencing new turbulence, and the rise of RLUSD has triggered dual attention from the industry and regulators!