Ripple launched RLUSD in December 2024 and has surpassed a market capitalization of $500 million. This is rapid growth, even in a fast-moving space.
This stablecoin is fully backed at a 1:1 ratio by cash and U.S. Treasury bonds, providing it with the level of security that institutions expect. Ripple has designed RLUSD to operate alongside its payment network and XRP token, and is currently attracting attention for practical use
