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Discover how Ripple's stablecoin RLUSD has rapidly climbed to the third spot in the market. Learn about its impressive growth and market performance!

Ripple stablecoin (RLUSD), only four weeks since its launch, has surpassed major competitors like PayPal stablecoin (PYUSD) and EURC stablecoin affiliated with Circle. The new Ripple stablecoin has a market value of $53.1 million and increased its 24-hour trading volume by a staggering 1566% to $607.58 million. RLUSD’s remarkable performance has made it the third most traded token after USDT and USDC.

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