Ripple's stablecoin RLUSD has surged to a market capitalization of $1.56 billion, a significant increase from $132 million a year ago, posing a direct challenge to XRP's position as a cross-border payment bridge asset. Ripple is actively promoting RLUSD, which is pegged to the US dollar, emphasizing its stability. Previously, Ripple invested $200 million to acquire payment company RAIL, a move that reduces institutional reliance on XRP liquidity services, which are subject to greater volatility.

XRP0,86%
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