XRP Stablecoin RLUSD Hits $2.4 Billion Milestone
Ripple's (CRYPTO: XRP) stablecoin, RLUSD, has reached a milestone of $2.4 billion in total supply, up by 51% in just 30 days.
This growth makes RLUSD one of the fastest-growing players in the stablecoin industry, surpassing popular names like Tether (CRYPTO: USDT) and USD Coin (CRYPTO: USDC).
The increase is driven by rising inflows on the XRP Ledger, where RLUSD assets have reached $1.1 billion.