Ripple’s RLUSD Stablecoin Sees 37% Surge in Trading Volume: What to Know
Ripple’s stablecoin, RLUSD, has experienced a remarkable surge in trading activity. Over the past 24 hours, trading volume skyrocketed by 37.72%, reaching approximately $68.58 million. This increase positions RLUSD among the most actively traded stablecoins in the market, alongside established competitors like USDT and USDC. Investors are closely watching this development, as heightened activity often signals growing interest and acceptance of a digital asset. The current trend could have significant implications for the broader cryptocurrency market, especially regarding liquidity and trading strategies.