Ripple’s RLUSD Overtakes PayPal’s PYUSD in Market Capitalization
Key Highlights RLUSD has reached the status of a top-five U.S. dollar-backed stablecoin, according to XRP Ledger validator Vet. Growing RLUSD payment volumes and integrations could encourage traditional financial institutions to adopt XRP Ledger infrastructure. Ripple has expanded RLUSD’s institutional reach through partnerships with Coinbase, BNY and Standard Chartered. RLUSD Gains Momentum in the Stablecoin ...