XRP’s Stablecoin Victory Can’t Compete with This Layer 1’s Insane Scalability Breakthrough
Ripple’s RLUSD stablecoin has achieved significant adoption, reaching a market cap of $405.74 million with a 24-hour trading volume of $91.39 million. Available on Ethereum and XRP Ledger, RLUSD is backed 1:1 by USD and regulated under a New York trust-company license, ensuring compliance and stability. Recent integrations, such as Ondo Finance’s OUSG tokenized treasuries and approval by the Dubai Financial Services Authority, highlight RLUSD’s growing enterprise utility. Charles Hoskinson’s mention of an upcoming “XRP package” including RLUSD, DeFi integration, and Lace wallet support further signals Ripple’s ambitious roadmap. Despite XRP’s price at $2.23, down 5.29% over the past month, RLUSD’s momentum underscores its role in institutional adoption.