【Crypto World】The performance of RLUSD has recently gained a lot of attention. The 24-hour trading volume surged by 94.27%, reaching $84.66 million, outpacing similar products by a significant margin. It’s worth noting that while the entire market is sighing and lamenting, this stablecoin is bucking the trend, with user adoption clearly on the rise.
What is the driving force behind this? Ripple recently made a major move—acquiring the stablecoin infrastructure company Rail. This transaction transferred Rail’s 10% share in the global B2B market to RLUSD. This is equivalent to injecting a wave of traffic and credibility into RLUSD directly.
RLUSD only launched in December last year, but its progress has been rapid. In a short period, its market cap has reached $1.02 billion, firmly placing it among the top five stablecoins worldwide. Many are curious—how ambitious is Ripple? Simply put, they don’t intend to limit RLUSD within their own ecosystem. Banks, cross-border payments, international transfers—these are the markets Ripple aims to conquer.
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GateUser-9ad11037
· 21m ago
This increase is indeed impressive, jumping 94% in one go, but how much real traffic the 10% share of Rail can convert still depends.
I think Ripple's move was quite good, but RLUSD still needs to continue to exert effort to stay in the top five.
Only a few months since launch, with a market cap of 1.02 billion, this speed is really a bit outrageous... Is it genuine demand or just hype?
The stablecoin sector is now highly competitive, making it seem very difficult for a dark horse to break through.
Ripple is investing so heavily; do they really want to compete with USDT? That might be a bit of a pipe dream.
Trading volume has surged, but it depends on the depth of transactions; otherwise, it's easy to get cut.
While being in the top five is good, the days are definitely not as comfortable as with USDC.
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RektButSmiling
· 12-18 15:47
94% increase? Ripple is really going to turn things around and sing its song
Buy Rail directly and get on board, this move is pretty slick
Just six months since launch and already in the top five, with this speed XRP is bound to take off
But in the stablecoin sector, can it really create a splash?
Can it hold up this time, or will it be another fleeting moment
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ThatsNotARugPull
· 12-18 15:41
The recent surge in RLUSD is indeed fierce, but the 10% market share transfer of Rail... It seems Ripple is playing a bigger game.
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RealYieldWizard
· 12-18 15:39
94% increase? Ripple's move is quite aggressive, directly acquiring the channel.
Rail's 10% share indeed gives RLUSD a natural advantage; this isn't just about实力, it's a level of cheating.
Only six months since launch and already in the top five? Taking advantage and acting modest, but I have to say, the stablecoin sector definitely needs someone to stir things up.
Acquiring to change shares, a classic tycoon tactic, depends on whether they can maintain this position in the long run.
Another project fed by capital, but in the stablecoin sector, XRP really needs to have a say.
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ContractBugHunter
· 12-18 15:30
Damn RLUSD's growth rate is really incredible, 94%? Ripple's move to acquire Rail is truly aggressive.
Rail's B2B market share is directly used, this is cheating haha.
Since December, the market cap has only reached 1 billion, much less painful than other stablecoins.
But on the other hand, can the data supported by acquisitions last long... let's observe.
Ripple is determined to make a splash in the stablecoin sector, it just shows that with enough money, you can do whatever you want.
It feels like this round is leveraging the head effect to drive volume; whether they can retain it later is the key.
RLUSD trading volume surged 94% in 24 hours, ranking among the top five stablecoins worldwide
【Crypto World】The performance of RLUSD has recently gained a lot of attention. The 24-hour trading volume surged by 94.27%, reaching $84.66 million, outpacing similar products by a significant margin. It’s worth noting that while the entire market is sighing and lamenting, this stablecoin is bucking the trend, with user adoption clearly on the rise.
What is the driving force behind this? Ripple recently made a major move—acquiring the stablecoin infrastructure company Rail. This transaction transferred Rail’s 10% share in the global B2B market to RLUSD. This is equivalent to injecting a wave of traffic and credibility into RLUSD directly.
RLUSD only launched in December last year, but its progress has been rapid. In a short period, its market cap has reached $1.02 billion, firmly placing it among the top five stablecoins worldwide. Many are curious—how ambitious is Ripple? Simply put, they don’t intend to limit RLUSD within their own ecosystem. Banks, cross-border payments, international transfers—these are the markets Ripple aims to conquer.