Ripple’s RLUSD Takes Center Stage: Reshaping the Stablecoin Market

Ripple’s new stablecoin, RLUSD, is rapidly gaining traction in the crypto world. Since its launch in December 2024, RLUSD has integrated into Ripple’s global payment infrastructure and been listed on prominent exchanges like Kraken, demonstrating strong early adoption. This move addresses a key challenge faced by Ripple: the volatility of XRP, often used as a bridge asset for cross-border transactions. By offering a stable and predictable exchange medium, RLUSD minimizes slippage and offers more reliable transactions, especially vital for enterprise use cases.