Ripple introduced RLUSD, its own stablecoin project, into the stablecoin market on December 17, 2024.RLUSD prioritizes cross-border payments and regulatory compliance, positioning itself as a competitor to USDT within the market.Ripple Labs' RLUSD is making waves in stablecoin rivalry, focusing on Institutional DeFi and Real-World Asset (RWA) tokenization.RLUSD on the XRP Ledger supports cross-margining, helping institutions streamline operations, reduce friction, and enable faster capital utilization.