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Ripple stablecoin RLUSD’s market capitalization surpasses 2 billion USD, with nearly 1 billion USD issued on the XRP Ledger
Ripple’s stablecoin RLUSD has a market capitalization that has surpassed $2 billion, making it one of the fastest-growing projects in the stablecoin market. Data shows that the total issuance of RLUSD is approximately $2 billion, with about $963 million deployed on the XRP Ledger and around $1.1 billion issued on the Ethereum network.
Ripple previously stated that RLUSD will combine with its global payment network to provide more efficient on-chain liquidity solutions for businesses and financial institutions.
