Ripple’s RLUSD stablecoin reached a market capitalization of over $2.69 billion on November 13, according to CoinMarketCap. It now ranks seventh among the world’s largest stablecoins, ahead of PayPal’s PYUSD, which has a market capitalization of approximately $2.67 billion. Launched in December 2024, RLUSD continues to grow rapidly and attract increasing demand. Designed to support payments, liquidity and other financial activities, it is available on the XRP Ledger and Ethereum networks.
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