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RLUSD Stablecoin Surges to $1.6B Market Cap Amid Institutional Partnerships

Guavy AI Editorial Team
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LUSD
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Ripple's Regulated USD Stablecoin Hits $1.6B Market Cap, Expands on Exchanges

Ripple's RLUSD stablecoin has gained significant traction since its launch in December 2024, reaching a market cap of $1.6 billion. The company focuses on serving institutional investors and has formed key partnerships with Mastercard, JP Morgan, Ondo Finance, and OKX to boost RLUSD's adoption and trading capabilities.

The recent listing on OKX enables trading across 280+ spot pairs, enhancing visibility and use of the stablecoin. Ripple aims to expand RLUSD availability on multiple exchanges and develop long-term use cases to support broader institutional adoption.

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