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Ripple's RLUSD Surpasses $2.5B in Circulating Supply

Guavy AI Editorial Team
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XRP LUSD
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Ripple's RLUSD has surpassed $2.5 billion in circulating supply, up from $2 billion in August according to CoinMarketCap.

The stablecoin is issued across multiple networks and trades near $1, with its market value increasing mainly due to the growth of tokens in circulation rather than a rise in price.

RLUSD has a significant presence on the XRP Ledger, accounting for over 92% of the ledger's tracked stablecoin supply, with a total of approximately $1.10 billion attributed to Ripple's token.

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