$100 million worth of RLUSD has been issued in two days as demand for the stablecoin skyrockets.
Ripple's RLUSD integration into their payment system could unlock access to more than 90 payout markets and establish instant connections to banks, exchanges, and payment service providers.
RLUSD's market cap reaches around $250 million and $10 billion in trading volume, potentially benefiting XRP due to its central role in the ecosystem.
XRP may experience a decline to $1.90-$1.79 before staging a rebound to $2.80-$3.00 by the end of the month, according to analysts.