CandleFocus 15,742,960 RLUSD in 24 Hours: Ripple Stablecoin Sees Activity Surge
2025-01-14
Author: Content Editor
The Ripple stablecoin RLUSD has seen a significant increase in activity in the last 24 hours, with over 15 million RLUSD being moved across various transactions. This surge in activity highlights the growing interest in the Ripple stablecoin amid market uncertainty. The majority of transactions involved RLUSD being transferred between unknown wallets, with one transaction from the RLUSD treasury to an unknown wallet. The trading volume of RLUSD has increased by 123% in recent weeks, indicating higher trading activity. This surge in volume comes as investors seek stablecoin alternatives to protect their assets amidst the recent market sell-off. In the last 24 hours, the trading volume of the stablecoin sector has surged by 80%, with RLUSD overtaking DAI in trading volume.
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