CandleFocus Millions of RLUSD Ready to Hit Market After Recent Launch: Details
2024-12-19
Author: Content Editor
Blockchain company Ripple has recently launched its RLUSD stablecoin and has minted over 10 million RLUSD in the past two days. The data was published by Ripple Stablecoin Tracker, revealing that batches of one million and 500,000 RLUSD were transferred. Additionally, Ripple's president, Monica Long, stated in an interview that the stablecoin market is valued at $160 billion and is predicted to grow to $3 trillion in the next four years. Long emphasized that the RLUSD stablecoin offers regulatory compliance, diversification, and utility, addressing the growing demand in the stablecoin market.
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