🚀 The new Ripple stablecoin, RLUSD, launched on December 17, ranks number 35 among stablecoins. It's below Terra USD!.
📉 Although RLUSD has the necessary regulatory approval, its slow adoption growth is due to it not being available on major exchanges like Binance and Coinbase yet.
📈 The future of RLUSD could significantly influence the price of XRP, Ripple's volatile cryptocurrency, which tends to rise with favorable news related to Ripple Labs.