Ripple’s USD-backed stablecoin, RLUSD, has quickly grown to a $1.26 billion market cap, becoming the third-largest U.S.-regulated stablecoin. With a supply surge of 28% in November, RLUSD is gaining traction through strategic exchange listings and institutional partnerships, setting the stage for GENIUS Act compliance in 2027.
RLUSD’s success stems from its regulatory compliance, dual-chain operation on XRP Ledger and Ethereum, and strategic partnerships with major financial players like Mastercard and Gemini. This growth not only benefits RLUSD but also creates new avenues for XRP integration, fueling the broader goal of building an “Internet of Value.”
With the GENIUS Act looming in 2027, RLUSD’s current compliance and positioning as the third-largest U.S.-regulated stablecoin offer a competitive edge in the market. The stablecoin’s success could potentially drive increased adoption of XRP in the coming years, particularly in institutional settings.
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Read more at Yahoo Finance: Third-Largest U.S.-Regulated Stablecoin Ready for GENIUS Act
