Ripple RLUSD Hits $3 Trillion Milestone

Ripple USD (RLUSD) Achieves $3.02 Trillion Trading Milestone

• RLUSD surpassed $3.02 trillion in total trading activity within a month of its launch.
• In January, RLUSD recorded $2.84 trillion in trading volume by Jan. 23.
• The stablecoin’s circulating supply was $97.5 million, backed by over $104 million in reserves.
• Bullish exchange led RLUSD trading with 85.7% of the volume, totaling $2.42 billion.
• Bitstamp processed $398 million in RLUSD trades as the second-most active exchange.

Ripple USD (RLUSD) quickly established itself as a major player in the stablecoin market, achieving over $3 trillion in trading activity shortly after its debut, with Bullish exchange driving most of this volume.