RLUSD Stablecoin Nears $1B Milestone

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Ripple’s RLUSD stablecoin is seeing fast liquidity growth, with its market cap close to $1 billion.

Yet, adoption lags: daily users average ~500, with no breakout in over a year.

The Bahrain deal could help change that, introducing RLUSD to regional institutions.

[alex10]

Ripple entering the stablecoin race could shake things up. Their global reach gives them a major advantage.

[Rimon Khan]

Hitting that milestone means serious adoption. It’s impressive considering how crowded the stablecoin market already is.