RLUSD Takes Off on XRP Ledger as USDT Faces Europe Delistings
- RLUSD usage on XRPL grows as European USDT delistings drive adoption.
- RLUSD’s supply hits $120M, with XRPL gaining more traction than Ethereum.
- Increased RLUSD adoption strengthens XRP’s market liquidity and price support.
The use of RLUSD, Ripple’s regulated stablecoin, has picked up on the XRP Ledger with data showing a rise in transaction activity.
This growth aligns with the European delisting of USDT because of MiCA regulations, which could lead to more people using RLUSD in the coming months.
RLUSD Transaction Volume Skyrockets on XRPL
Data from CryptoQuant shows that RLUSD transactions have gone up from November 2023 through February 2025.
The daily transaction count (TxCount) has increased, with a big jump in February 2025, indicating higher demand for the stablecoin. The cumulative transaction count (Cumulative TxCount) also follows this climb, suggesting long-term growth and adoption of RLUSD on the XRPL.
RLUSD Total Supply reached $120,000,000
“RLUSD grew quickly on Ethereum. However, it has gained more traction on XRPL lately, likely due to the lower transaction fees on the XRP Ledger.” – By @JA_Maartun
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RLUSD Takes Off on XRP Ledger as USDT Faces Europe Delistings
- RLUSD usage on XRPL grows as European USDT delistings drive adoption.
- RLUSD’s supply hits $120M, with XRPL gaining more traction than Ethereum.
- Increased RLUSD adoption strengthens XRP’s market liquidity and price support.
The use of RLUSD, Ripple’s regulated stablecoin, has picked up on the XRP Ledger with data showing a rise in transaction activity.
This growth aligns with the European delisting of USDT because of MiCA regulations, which could lead to more people using RLUSD in the coming months.
RLUSD Transaction Volume Skyrockets on XRPL
Data from CryptoQuant shows that RLUSD transactions have gone up from November 2023 through February 2025.
The daily transaction count (TxCount) has increased, with a big jump in February 2025, indicating higher demand for the stablecoin. The cumulative transaction count (Cumulative TxCount) also follows this climb, suggesting long-term growth and adoption of RLUSD on the XRPL.
RLUSD Total Supply reached $120,000,000
“RLUSD grew quickly on Ethereum. However, it has gained more traction on XRPL lately, likely due to the lower transaction fees on the XRP Ledger.” – By @JA_Maartun
Full post
The post RLUSD Takes Off on XRP Ledger as USDT Faces Europe Delistings appeared first on Coin Edition.
Read More