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Here’s How to Track Ripple USD (RLUSD) Metrics
As Ripple’s RLUSD stablecoin continues to gain traction in the market, it has become increasingly important for investors and enthusiasts to stay informed about its performance. According to recent statistics, Tether (USDT) remains the biggest stablecoin by a huge margin, with Circle’s USDC coming in second place at $42.8 billion. Ethena USDe (USDE), a synthetic stablecoin powered by the Ethereum blockchain, takes third place with $5.9 billion.
To put RLUSD’s performance into perspective, it would need to surpass half a billion dollars to even be considered among the top 10 biggest stablecoins currently available in the market. Despite this, RLUSD has been touted as a game-changer for the cross-border payments sector, thanks to its fully regulated status.
As Ripple continues to push the boundaries of innovation and disruption within the financial industry, it’s crucial that users have access to reliable and up-to-date metrics on the performance of RLUSD.
Source: u.today
