Stablecoin RLUSD
Launched more than four months ago, RLUSD from Ripple has quickly attracted attention and thus joined the list of the fastest-growing stablecoins, with a market capitalization of over 294 million dollars. Although it is a product of Ripple, most RLUSD in circulation is on the blockchain $ETH with 67.89%, the remaining 32.11% on the Ripple blockchain. The fact that RLUSD is still limited to just 2 chains may be holding it back. RLUSD has the potential to become more popular if it expands to other leading chains like Solana and Tron.
