Ripple's RLUSD Stablecoin Gains Traction in Early Market Debut

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 17 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Finance Новости

Stablecoin,Ripple,RLUSD

Ripple's recently launched stablecoin, RLUSD, is showing promising growth just a week after its debut on both Ethereum and XRP Ledger blockchains. While still far from major players like USDC and USDT, RLUSD has already entered the top 20 stablecoins with a market cap of $53 million and growing trading volume. The company aims for a larger share of the stablecoin market, projected to reach $2.8 trillion by 2028, highlighting the potential for this sector despite recent challenges and risks.

stablecoin has been on the market for almost a week now, and its progress is growing by the day. Launched on Dec. 18 on both the Ethereum and XRP Ledger blockchains, the dollar-pegged stablecoin's market cap currently stands at $53.06 million, giving RLUSD a 3,032, according to CoinMarketCap's ranking.Interestingly, it was 3,321 just four days ago and 3,187 just this morning.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 295. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости