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Ripple’s RLUSD Stablecoin Gains Momentum With $160M Supply

  • Ripple's RLUSD stablecoin has reached a circulating supply of $160 million and is gaining traction in the stablecoin market.
  • The number of Ethereum mainnet addresses holding RLUSD has increased by 15% to 2,345.
  • Uniswap accounted for $12.5 million of RLUSD's $23 million daily trading volume, indicating increased liquidity.
  • RLUSD/ETH exhibited bullish momentum at $1.004, while RLUSD/USDT remained neutral at $0.9995.

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