Ripple’s RLUSD Asserts Its Dominance With Staggering Growth
12h05 ▪
3
min read ▪ by
Without stablecoin, Ripple risked remaining on the sidelines in the race for crypto supremacy. That is why the company launched the RLUSD, a stablecoin pegged to the US dollar. Good move: trading volumes are skyrocketing, showing a spectacular increase of 106% in 24 hours. This boom is accompanied by a marked enthusiasm on trading platforms. An analysis of an announced success and its ramifications in the world of altcoins.
The RLUSD volumes on Ripple are making waves
Ripple has clearly found its secret weapon: the RLUSD, a stablecoin pegged 1:1 to the US dollar, which…