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Why Is Ripple’s XRP Up? Price Prediction as RLUSD Stablecoin Debuts on Global Exchanges

  • Ripple's stablecoin RLUSD is now live on global exchanges, causing a surge in XRP trading volume.
  • XRP's 24-hour trading volumes increased by 80% to $18 billion.
  • Ripple USD (RLUSD) aims to offer stable, cross-border transactions and is backed by US dollar deposits and government bonds.
  • Analysts predict XRP prices could reach $20 in the near term with a market cap of $1 trillion by Q2 2025.

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