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Ripple USD at the Helm of $6.87T Stablecoin Market: The Numbers Behind the Growth
- Fiat-backed stablecoins transacted $6.87T in 2022, surpassing MasterCard and PayPal.
- Ripple USD (RLUSD) is a stablecoin designed to maintain a constant value of one US dollar.
- RLUSD is 100% backed by a segregated reserve of cash and cash equivalents.
- Regulatory progress for stablecoins is being made across continents, including the US, Europe, and Asia.
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