Ripple’s RLUSD Stablecoin Gains Momentum, Set to Become a Key Player in the Stablecoin Market

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Ripple’s latest stablecoin, RLUSD, is quickly making a name for itself in the cryptocurrency world. This new, up-and-coming stablecoin has already mustered a circulating supply of $160 million and an increase in Ethereum mainnet addresses that are holding the token. With this new development in Ripple’s corporate strategy, RLUSD is taking a crucial step toward the digital payment revolution Ripple has long promised. Increasing levels of trust and adoption in institutional use of stablecoins have made Ripple’s game plan for RLUSD all the more significant. Payments, trading, and liquidity management through the use of RLUSD could make it a serious

The post Ripple’s RLUSD Stablecoin Gains Momentum, Set to Become a Key Player in the Stablecoin Market appeared first on The Merkle News.

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