RLUSD Stablecoin Surpasses $2 Billion Mark
Ripple's RLUSD stablecoin has reached an impressive milestone, surpassing $2 billion in market value.
Nearly $1 billion of RLUSD is issued on the XRP Ledger (XRPL), a significant development for regulated digital finance.
The New York Department of Financial Services (NYDFS) oversees the issuance of RLUSD, ensuring its stability and compliance with regulatory requirements.