Ripple's RLUSD stablecoin added $128.6 million in new supply during a 24-hour period, pushing total circulation above $2.5 billion. The token launched in December 2024 and is issued on both the XRP Ledger and Ethereum without bridging between networks.
Recent exchange listings helped drive adoption. Coinbase added RLUSD to its retail and institutional platforms on October 28, supporting deposits on three networks. Robinhood also integrated the stablecoin for trading and institutional settlement. Despite growth, RLUSD remains far smaller than USDC at $71 billion and market leader USDT. Ripple markets the token primarily for business treasury operations and cross-border payments rather than retail use.
Read the full story on BSC News: Ripple's RLUSD Stablecoin Records $128.6 Million Inflows as Supply Passes $2.5 Billion
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