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Ripple's stablecoin RLUSD reaches a $500 million market capitalization within 7 months of its launch

12 hours ago

On July 9th, based on CoinGecko data, Ripple's USD stablecoin RLUSD achieved a market capitalization of 500 million USD within 7 months of its listing. This product is issued on both the XRP Ledger and Ethereum. It ranks among the top 20 USD stablecoins and has a daily trading volume of approximately 26 million USD.