RLUSD Ripple broke records in trading volume, beating PayPal USD and EURC. Since its launch in December 2024, RLUSD hit $34.7 million in daily trades. This tops PYUSD at $19.7 million and EURC at $12.4 million. The rise shows strength during cryptocurrency market volatility. Banks and traders now pick RLUSD for its reliable performance in daily transactions.
BREAKING! Ripple USD stablecoin has flipped both PayPal and Euro stable in 24hr Volume only two weeks after its launch. #XRP @xpmarket @UpholdInc pic.twitter.com/DDOGs9dXpc
— Paul Barron Network (@paulbarrontv) January 4, 2025
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How Ripple’s RLUSD Overcomes Cryptocurrency Challenges and Market Volatility
Source: Blockhead.co
Strategic Integration with XRP Ledger
RLUSD Ripple works on both XRP Ledger and Ethereum. Users get fast, cheap transfers across networks. Adam Cochran, Managing Partner at Cinneamhain Ventures, states that “RLUSD acts as a Trojan Horse for Ripple, enabling it to bridge traditional finance with decentralized solutions.” This setup helps reduce cryptocurrency investment risks. The system lets banks move money faster than traditional methods.
Rising Trading Volume Rankings
Source: X
RLUSD now ranks fourth among stablecoins, with $417.8 million in trades. Paul Barron Network (@paulbarrontv) shared that RLUSD Ripple beats PayPal USD. Only FDUSD, USDC, and USDT rank higher. This growth shows strong market stability compared to other stablecoins. The daily volume keeps rising as more traders choose RLUSD for their deals.
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Impact on the XRP Ecosystem
#1 Reason why $RLUSD is so important for $XRP. Stablecoins are the backbone of this industry. Let me explain why. In crypto, liquidity is king. Without liquidity, you can’t trade, you can’t move assets, and you can’t scale markets.
— The BitBoy (@BenArmstrongsX) December 19, 2024
More users choose RLUSD to send money across borders. Ben “BitBoy” Armstrong said, “stablecoins are the backbone of the crypto industry.” RLUSD proves this true despite cryptocurrency investment risks. Its success brings new money into XRP. The growth helps both RLUSD and XRP gain more users each day.
Future Market Position
BREAKING:
RIPPLE‘S CTO DAVID SCHWARTZ EXPLAINS:
„WHY IS RIPPLE‘S STABLECOIN GOOD FOR THE XRPL?“#XRP & RLUSD WILL BE PAIRED, THEY COMPLEMENT EACH OTHER! https://t.co/WjisZCj6M4 pic.twitter.com/IZO4XsUiNc
— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) December 16, 2024
RLUSD shows signs of growing bigger. It handles cryptocurrency market volatility well through its trading volume. Experts say RLUSD works better than PayPal USD for bank transfers and global payments. Its mix of banking and blockchain gives it an edge. More banks join the network weekly, pushing trading volumes higher. The stablecoin market stability of RLUSD attracts both small traders and big institutions.
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