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Ripple’s RLUSD Adoption Surges With $160M in Circulation

  • Ripple's stablecoin, RLUSD, has seen a surge in adoption with a circulating supply reaching $160 million.
  • RLUSD has gained trust and attention as it rapidly expands its stablecoin ecosystem across Ethereum and XRPL networks.
  • The number of wallets holding RLUSD has increased, with a spike of 15% in Ethereum addresses holding the stablecoin.
  • Ripple CEO, Brad Garlinghouse, projects RLUSD to enter the top five stablecoins globally, while John Deaton sees this as part of Ripple's strategy for regulatory clarity.

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