#Write2Earn Ripple USD sets a new historical market capitalization record
RLUSD is issued by the same company responsible for the cryptocurrency XRP.
Ripple USD (RLUSD), the stablecoin issued by Ripple Labs Inc., reached a market capitalization of 428 million dollars, marking a new historical record.
The stablecoin RLUSD, launched in December 2024, backed 1:1 by the US dollar, positions itself as the 14th largest stablecoin by market capitalization.
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