
Title: 10 Million RLUSD Moved in One Hour as Things with Stablecoin Heating Up
As the stablecoin market continues to grow and evolve, Ripple’s President Monica Long has recently emphasized the importance of transparency and compliance in the space. This comes as a significant development for the company’s newly announced RLUSD stablecoin. In an exclusive interview, Ripple revealed that over 10 million RLUSD moved in just one hour, indicating a substantial increase in the usage of this new currency.
Ripple aimed to bridge traditional finance and blockchain with the introduction of RLUSD. The company aims to create a more reliable and efficient system for global payments by leveraging their existing infrastructure and network.
Source: u.today