Ripple’s RLUSD Stablecoin Trading Volume Surges 75%, Enters Top 100

RLUSD, a stablecoin from Ripple Labs Inc., has seen its 24-hour trading volume increase by 75%, according to CoinMarketCap. Its market capitalization is $789.54 million, placing it among the top 100 cryptocurrencies.

Key Developments for RLUSD

  • Recent notable listings on exchanges and integrations with major projects.
  • Bybit exchange has listed RLUSD, facilitating trading pairs such as RLUSD/USDT, RLUSD/ETH, RLUSD/BTC, RLUSD/MNT, and RLUSD/XRP.
  • BlackRock’s BUIDL and VanEck VBILL tokenized funds now allow shareholders to exchange their shares for RLUSD, enhancing its utility.

Other Highlights

  • The BEST Wallet token presale is currently active, offering early investment opportunities with a current price of $0.025725 and $16.2 million raised so far.
  • BEST Wallet provides users full control over assets, bypassing traditional financial intermediaries.

Investors should note these developments in evaluating potential investments in RLUSD and BEST Wallet.