Ripple stablecoin RLUSD market cap surpasses $2 billion, with nearly $1 billion issued on XRP Ledger

Odaily News - Ripple's stablecoin RLUSD has surpassed a $2 billion market cap, becoming one of the fastest-growing projects in the stablecoin market.

Data shows that RLUSD's total issuance currently stands at approximately $2 billion, with about $963 million deployed on the XRP Ledger and approximately $1.1 billion issued on the Ethereum network. Ripple previously stated that RLUSD will integrate with its global payment network to provide enterprises and financial institutions with more efficient on-chain liquidity solutions. (CoinDesk)