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Ripple’s RLUSD Stablecoin Grows Close to $300 Million

  • Ripple USD (RLUSD) has achieved a market cap of around $300 million.
  • Ripple USD was launched to support dollar-pegged transactions and improve Ripple's cross-border payments network.
  • Kraken listed stablecoin RLUSD, increasing its exposure to a large crypto exchange.
  • XRP trading volumes doubled in the past 24 hours, with a long-term growth outlook for the token.

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