@aramindiana
Is Ripple Building the Next USDT? RLUSD Stablecoin Quietly Nears $250M
The new Ripple stablecoin’s market cap has grown fivefold in less than a month as the company has secured key exchange listings.
Data from CoinMarketCap indicates that nearly $300 million worth of Ripple USD (RLUSD) is circulating.
This Ripple-native stablecoin was launched in December last year as part of an effort to strengthen the blockchain’s ecosystem by facilitating dollar-pegged payments.