I noticed that RLUSD has just surpassed one billion dollars in market capitalization, an interesting milestone considering it was launched only 12 months ago. Now we are at 1.26 billion, and the daily volume has exceeded 43 million, which means liquidity is growing steadily. It’s not yet at the levels of USDT or USDC, but it has risen to the seventh position among the main stablecoins, which is remarkable for a new market entrant. What strikes me is how it managed to gain this position through listings on various exchanges and wallet support. The approval in Abu Dhabi as collateral for loans is another positive sign for the future. If it continues like this, it could become an increasingly significant stablecoin in the cryptocurrency landscape. XRP and the entire Ripple ecosystem are building something interesting to watch in the coming months.

USDC0.02%
XRP2.87%
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