Ripple USD Stablecoin Hits $800 Million Market Cap with Surge in Trading Volume

Ripple USD stablecoin (RLUSD) is rapidly approaching a significant milestone, achieving a market cap of nearly $800 million. This surge in value is driven by a substantial 15.8% increase in trading volume within the past 24 hours. Key factors contributing to this growth include Ripple’s expansion into Africa and Dubai, where RLUSD is providing innovative solutions for cross-border payments with favorable fees.