Ripple's RLUSD stablecoin has been in the market for a week, and its progress is increasing. With a market cap of $53.06 million, it ranks 3,032 on CoinMarketCap. Although it lags behind major competitors like USDC and USDT, RLUSD is close to LUSD and in the top 20 stablecoins. However, it is not yet listed on major exchanges like Binance and Coinbase. Ripple aims to have a larger share of the stablecoin market, which is projected to reach $2.8 trillion by 2028. The stablecoin market has its challenges, but it also has significant growth potential.



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