Ripple’s RLUSD Stablecoin Challenges USDT Dominance with 136% Volume Surge

Amid a broader cryptocurrency market rally, Ripple’s USD stablecoin (RLUSD) has recorded a staggering 136% increase in trading volume over the past 24 hours, according to CoinMarketCap data. This surge highlights growing investor interest in stablecoins for liquidity and asset acquisition, positioning RLUSD as a formidable competitor to established leaders like Tether (USDT) and Circle’s USDC. The rapid adoption of RLUSD underscores its potential to disrupt the stablecoin market, which has long been dominated by USDT. As the crypto market continues its bullish trend, RLUSD’s performance signals a shift in investor preferences and could pave the way for increased competition in the stablecoin space. The rise of RLUSD also reflects Ripple’s strategic push to expand its footprint in the digital asset ecosystem, leveraging its robust infrastructure and growing partnerships. With the current market dynamics favoring stablecoins, RLUSD’s trajectory will be closely watched as it aims to carve out a larger share of the market traditionally held by USDT.

Ripple’s RLUSD Stablecoin Volume Surges 136% Amid Crypto Market Rally

Ripple USD stablecoin (RLUSD) experienced a 136% spike in trading volume over the past 24 hours, according to CoinMarketCap data. The surge aligns with a broader bullish trend across cryptocurrency markets, as investors increasingly turn to stablecoins for liquidity and asset acquisition.

RLUSD’s rapid adoption marks a notable challenge to established stablecoin leaders Tether (USDT) and Circle (USDC). The asset’s growth reflects both Ripple’s expanding ecosystem and the crypto market’s current risk-on sentiment.