Ripple dumps XRP to pump RLUSD — still 0.2% the size of USDT
Ripple is selling over a billion dollars worth of cash, equity, and XRP tokens to fund an acquisition that it hopes will boost RLUSD volumes.
Bitcoin24h
$84,569.96+1.36%
Ethereum24h
$1,610.20+2.41%
XRP24h
$2.14+4.89%
BNB24h
$593.36+1.00%
Solana24h
$129.77+5.58%
Dogecoin24h
$0.1647+1.48%
TRON24h
$0.2477+0.53%
Cardano24h
$0.6468+2.50%
UNUS SED LEO24h
$9.36-0.04%
Chainlink24h
$12.92+1.70%
PayPal and Ripple stablecoins still sub-1% despite ‘stablecoin gold rush’
Despite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market.
Ripple billionaires’ RLUSD captures less than 0.04% of stablecoin market
The billionaire-backed Ripple USD (RLUSD) has failed to capture even 0.05% of the stablecoin sector’s market capitalization.
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