RLUSD has surpassed a $2 billion market capitalization, according to Techub News, which cited Crypto Briefing. Nearly $1 billion of the stablecoin has been issued on the XRP Ledger, highlighting the network’s growing role in RLUSD’s circulation. The report said the token’s rapid expansion is also drawing attention to rising centralization risks within the stablecoin sector, along with ongoing regulatory challenges. The update focuses on two key points: the scale RLUSD has now reached and the concentration of a large share of its issuance on XRP Ledger. It also frames that growth within a broader policy and oversight discussion, as stablecoins continue to expand across different blockchain networks while facing closer scrutiny from regulators and market observers.
RLUSD has surpassed a $2 billion market capitalization, according to Techub News, citing Crypto Briefing. Nearly $1 billion of the stablecoin has been issued on the XRP Ledger.
The report said RLUSD’s rapid growth is drawing attention to rising centralization risks in the stablecoin ecosystem, as well as regulatory challenges.
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