RLUSD Soars in Popularity, Blazes Past $4,500 on Bitstamp

Bitstamp has witnessed a meteoric rise of RLUSD, a stablecoin backed by Ripple, which has surged to the top 3 most traded stablecoins on the platform. This rapid ascent is attributed to factors like growing institutional interest and wider adoption in cross-border digital finance. Leonard Hoh, General Manager at Bitstamp, revealed during the Apex 2025 event that RLUSD’s presence on the exchange has become one of the biggest liquidity venues for XRP and the stablecoin itself. This has driven significant activity on the XRPL, according to Hoh’s statements shared by RippleXDev on Twitter.