Ripple’s RLUSD Stablecoin Experiences Surge in Issuance as Demand soars

The stablecoin RLUSD from Ripple is experiencing a surge in issuance, with over $100 million issued since April 1st. This growth coincides with increased demand for the relatively new token and its integration into Ripple’s payment products, prompting early adoption by payment providers BKK Forex and iSend. Experts believe RLUSD could disrupt the established players like Tether (USDT) and USDC.