Krutika Adani
After a solid resilience to market corrections, XRP’s price has grown close to $2.44 and could breach $2.5 by this weekend.
RLUSD was recently listed for trading at Singapore’s Independent Reserve.
As per Coingecko RLUSD now commands a $72 million market share.
RLUSD was introduced in the markets to target the USD based RWA money market funds with RLUSD acting as a settlement mechanism for them.
However, uneven stablecoin regulations worldwide pose a significant threat to new market entrants like RLUSD.