Ripple Introduces RLUSD for Global Payments Amidst Trading Volume Dip

Ripple has integrated the RLUSD stablecoin into its payment system, aiming to simplify cross-border transactions and comply with regulatory standards. This move comes despite a notable decline in trading volume for RLUSD, which dropped by 37.55 percent following integration. While initial excitement led to a significant surge, current data suggests that some investors are holding on to the stablecoin for long-term use rather than quick profits.