Ripple's stablecoin RLUSD just crushed a major milestone on Ethereum — market cap now sitting at $1.1 billion. That's a massive leap for a relatively new player in the stablecoin arena. The growth signals strong institutional appetite and cross-chain traction. Worth watching how this impacts Ethereum's DeFi ecosystem and whether RLUSD can chip away at USDT and USDC dominance.
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Ripple's stablecoin RLUSD just crushed a major milestone on Ethereum — market cap now sitting at $1.1 billion. That's a massive leap for a relatively new player in the stablecoin arena. The growth signals strong institutional appetite and cross-chain traction. Worth watching how this impacts Ethereum's DeFi ecosystem and whether RLUSD can chip away at USDT and USDC dominance.